Finance Groups Seek Crypto Accounting Regulation Revision from SEC

In response to mounting concerns over the financial strain faced by American banks managing cryptocurrency assets for clients, members of Congress are leading bipartisan efforts to advocate for revisions to current accounting standards. This call for reform has garnered significant support from various industry groups, signaling a growing consensus on the need for change. Industry Consortium Petitions SEC for Regulatory Amendments A consortium comprising influential industry organizations, including the American Bankers Association and the Securities Industry and Financial Markets...


Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]