January 24, 2025

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SEC Repeals SAB 121, Opening the Floodgates for Banks to Enter the Crypto Market

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SEC Repeals SAB 121, Opening the Floodgates for Banks to Enter the Crypto Market
SEC Repeals SAB 121, Opening the Floodgates for Banks to Enter the Crypto MarketThe SEC has repealed SAB 121, ending a saga involving a congressional bill and a presidential veto. This opens new possibilities for traditional financial institutions, that are now free to offer crypto services involving custody to their customers. SEC Repeals SAB 121, Opens New Era for Crypto in Traditional Finance One of the last obstacles […]