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SEC scraps SAB 121 rule, easing crypto custody accounting for banks
New guidance offers banks flexibility in reporting liabilities tied to digital asset custody. Photo: Reuters Key Takeaways The SEC has replaced SAB 121, offering a principles-based approach for crypto custody accounting. Under SAB 122, banks are allowed to use established accounting principles to assess and record potential risks associated with… Listen ⇢
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CATZILLA and 3 Altcoins Set to Skyrocket 12,000% – The Next Big Bullish Rally Is Here!
The world of cryptocurrency is buzzing with excitement as four digital coins capture the market’s attention. Enthusiasts eagerly watch these emerging altcoins, anticipating massive gains. The current bullish climate suggests that explosive growth is on the horizon. Investors and traders are poised to dive into these promising opportunities, eager to… Listen ⇢
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Ripple Lawsuit: Settlement or Dismissal? Deaton Explores Three Possible Outcomes of SEC Legal Battle
The post Ripple Lawsuit: Settlement or Dismissal? Deaton Explores Three Possible Outcomes of SEC Legal Battle appeared first on Coinpedia Fintech News The ongoing legal battle between the SEC and Ripple Labs has been one of the most closely watched cases in the cryptocurrency world. As the case continues to… Listen ⇢
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Will Ethereum’s $1T Crusade Crush Solana’s Degen Dream
You are here: Home / News / Altcoin News / Will Ethereum’s $1T Crusade Crush Solana’s Degen Dream January 24, 2025 by Lipika Deka Ethereum’s Institutional holdings exceed $5 billion, led by players like BlackRock. Retail adoption is driving Solana’s growth, fueled by its fast and cheap transactions. Ethereum aims… Listen ⇢
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XRP, SOL, and DOGE ETFs Could See Faster Approval With SEC’s New Task Force, Strategist Says
A new SEC-led task force could fast-track crypto ETFs for assets like XRP, SOL, and DOGE, promising clearer regulations, transparency, and broader investor access. SEC Task Force Could Fast-Track ETFs for XRP, SOL, DOGE Matt Mena, a crypto research strategist at 21Shares, a leading provider of cryptocurrency exchange-traded products (ETPs),… Listen ⇢
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Atari to Drop Exclusive Patch Packs on Blockchain Marketplace DYLI With a Nostalgic Twist
Retro game publisher Atari is releasing 500 limited-edition physical patch packs through DYLI, a new blockchain-powered collectibles marketplace built atop Abstract Chain, a soon-to-launch Ethereum layer-2 scaling network. The drop marks the iconic gaming pioneer’s latest step into Web3 commerce. Each pack will include one of seven new Atari patches… Listen ⇢
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US SEC Rescinds Crypto Accounting Rule SAB 121 After Gensler’s Exit
The US Securities and Exchange Commission (SEC) has removed the much-debated and unpopular crypto accounting guidance Staff Accounting Bulletin No. 121 (SAB 121) only a few days after the exit of the SEC chair Gary Gensler. US SEC Withdraws Controversial SAB 121 The U.S. SEC has posted a notice on… Listen ⇢
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US Lawmakers Unite to Block IRS Rule Threatening Defi and Crypto Innovation
Lawmakers are pushing back on a Biden administration rule redefining decentralized finance participants as “brokers,” warning it risks stifling U.S. cryptocurrency innovation and driving it overseas. Biden’s Crypto Rule Sparks Backlash: Will It Push Blockchain Innovation Overseas? U.S. Senator Ted Cruz (R-Texas) and Representative Mike Carey (R-Ohio) have introduced a… Listen ⇢
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Ethereum Gaming Network Ronin Flooded With Meme Coins via Tama Launchpad
Tama Meme, a meme coin launchpad that allows users to create new tokens in a few clicks, is now live on Ronin, the Ethereum sidechain known for its gaming focus. Created by Moku, a developer with backing from Ronin creator Sky Mavis, Tama Meme is part of Ronin’s continued expansion… Listen ⇢
Meet the podcast host, Emily Grace.
Emily Grace is a writer at crypto.readnow.cc, covering the latest trends, news, and insights in the world of cryptocurrency and blockchain.
