ADAvaultAnother development just in which is positive for the wider sector, is the change to rules on custody for Banks in the U.S. with the move by the SEC to retire SAB 121 and replace it with SAB 122. The US SEC has issued Staff Accounting Bulletin No. 122 (SAB 122), rescinding specific accounting guidance…
You are likely aware of the recent enforcement actions by the U.S. Securities and Exchange Commission against Binance U.S. and Coinbase. These actions state the exchanges have been selling Securities and are not licensed to do so. Examples of Securities as stated by the SEC include ADA along with a number of other leading cryptocurrencies.…
