SEC Revokes SAB 121, Paving the Way for Banks to Hold Crypto
The U.S. Securities and Exchange Commission (SEC) has officially axed the controversial Staff Accounting Bulletin 121 (SAB 121), removing it...
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SEC Revokes SAB 121, Allows Banks to Custody Bitcoin
The SEC announced Staff Accounting Bulletin (SAB) No. 122, canceling the previous guidance under SAB 121, which discouraged banks from...
Sam Bankman-Fried jailed as judge revokes bail
A federal judge has reportedly revoked former FTX CEO Sam Bankman-Fried’s bail following the release of information to New York...
Judge revokes Sam Bankman-Fried’s bail, jailing FTX founder ahead of October trial
Sam Bankman-Fried’s bail has been revoked. The revocation was handed down during a Friday court hearing dedicated to deciding whether...
Huobi closes Thai crypto unit, regulator revokes license
Huobi Thailand will shut its cryptocurrency trading platform’s Thailand unit on July 1 after the country’s Securities and Exchange Commission...
Huobi Announces Closure of Thai Unit After Regulator Revokes License Huobi Announces Closure of Thai Unit After Regulator Revokes License
Digital assets exchange Huobi will close down its Thailand operations permanently with effect from July 1, 2022. A unit of...
Canada Revokes ‘Emergencies Act’ and Begins Unfreezing Bank Accounts
On Wednesday, Canada prime minister Justin Trudeau revoked the Emergencies Act, nine days after it was invoked, believing that tensions...
Trudeau revokes emergencies act powers but the case for crypto grows
Prime Minister of Canada Justin Trudeau has announced he will repeal emergency powers used to freeze $8 million from 210...