Compliance, Financial Reporting, Regulatory Changes 30 Jan 2025 securities, financial reporting, accounting, reporting and recordkeeping requirements, exchange commission, accounting standards, crypto-assets, liability

📊SEC Rescinds Guidance on Crypto-Assets - SAB 122 Insights

This staff accounting bulletin ("SAB") rescinds the interpretive guidance included in Section FF of Topic 5 in the Staff Accounting Bulletin Series entitled Accounting for Obligations to Safeguard Crypto-Assets an Entity Holds for its Platform Users ("Topic 5.FF").

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