SEC scraps SAB 121, making crypto custody easier

The Securities and Exchange Commission (SEC) has repealed a controversial rule requiring financial firms holding cryptocurrency for customers to report those assets as liabilities on their balance sheets. In a bulletin issued on Jan. 23, the SEC announced that Staff Accounting Bulletin (SAB) 122 officially rescinds SAB 121, a policy introduced in March 2022 that […]
Coinbase adds Apple Pay to onramp for easier crypto access
Coinbase has integrated Apple Pay into its Onramp platform, aiming to simplify and speed up fiat-to-crypto transactions. Onramp allows developers to embed tools for purchasing cryptocurrency into third-party applications, such as self-custody wallets or decentralized finance platforms. With Apple Pay… Source link