Wu Blockchain (@WuBlockchain): The U.S. Senate voted 60-38 to overturn SEC crypto asset accounting rules. The SEC’s previous Notice 121 (SAB 121) requires companies to record their…
Estimated coin impact
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The U.S. Senate voted 60-38 to overturn SEC crypto asset accounting rules. The SEC’s previous Notice 121 (SAB 121) requires companies to record their holdings of crypto assets on their own balance sheets, hindering custodians and companies from holding crypto assets for…