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Staff Accounting Bulletin 121

Biden vetoes attempt to overturn controversial SEC bulletin on accounting standards for digital asset firms
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4 June, 2024

Biden vetoes attempt to overturn controversial SEC bulletin on accounting standards for digital asset firms

Staff Accounting Bulletin 121, or SAB 121, is the policy guideline that outlined, for the first time, how virtual asset...
SEC’s accounting policy puts digital asset investors at greater risk, US lawmakers say
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6 March, 2023

SEC’s accounting policy puts digital asset investors at greater risk, US lawmakers say

Two Republican legislators wrote to the Fed, OCC, and FDIC, criticizing SAB 121 which was released a year ago; they...
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