The SEC has rescinded SAB 121, removing barriers for banks to custody Bitcoin and crypto, signaling a major shift in crypto regulation. In a landmark decision, the U.S. Securities and Exchange ...

On Tuesday, SAB BIO (NASDAQ:SABS) released topline data from a Phase 1 trial of SAB-142 in a single-ascending dose among healthy volunteers. The study met its primary safety and pharmacodynamic ...

A new Staff Accounting Bulletin on Jan. 23 said it “rescinds the interpretive guidance” of SAB 121, an agency rule published in March 2022 that the crypto industry has long sought to cancel.

The new directive, Staff Accounting Bulletin (SAB) 122, supersedes the previous SAB 121, granting financial institutions discretion in classifying held digital assets as liabilities. SAB 121 ...

Beer is evolving into a sensory journey, with consumers exploring unique flavours and beer cocktails. Innovative recipes like Citrus Burst Shandy and Berry Mint Cooler transform beer into a ...

"Bye, bye SAB 121! It’s not been fun," the commissioner also known as “Crypto Mom,” wrote. Why It Matters: The SAB 121 mandated that companies holding customers' cryptocurrencies must record ...

U.S. tariffs on steel and aluminum imports are set to take effect next month and economists say the costs of a wide range of items could go up as businesses pass on those costs to consumers. Anne ...

Ether may present a buying opportunity, says an analyst On Jan. 23, an SEC Staff Accounting Bulletin (SAB) killed a rule called SAB 121 that required financial firms holding crypto to record them ...

The U.S. Securities and Exchange Commission published a new Staff Accounting Bulletin Thursday withdrawing its controversial SAB 121. SAB 121 directed banks and other public companies that they ...

It will be a less spirited Super Bowl. Sales of non-alcoholic beer, wine and spirits surged 26% over the past year to top $800 million in the US, market research firm NIQ told NBC. Non-alcoholic ...