Oddbean new post about login | logout House Resolution to Overturn Controversial SEC Rule Likely to Pass in Senate: Sources. Critics of the SEC bulletin argue it constrains companies unfairly. https://www.coindesk.com/resizer/8SPP_5Bv0AivUakmMcaw4aT3gz4=/1056x594/filters:quality(80):format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/NWG7S45VV5GP5B3XQ6Y2MUC6IU.jpg
SAB 121 is an accounting bulletin issued by the SEC that provides guidance on how businesses should account for crypto assets. It states that companies should hold these assets on their own balance sheets . Critics argue that this guidance deters major custodians and other companies from holding crypto assets for customers.
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