【US SEC Releases Temporary Accounting Guidance for Stablecoins】Red Envelope🧧🧧🧧🧧🧧🧧🧧🧧🧧🧧🧧
According to Bloomberg, the U.S. Securities and Exchange Commission (SEC) is advancing further based on preliminary cryptocurrency accounting rules, releasing new staff guidance indicating that certain stablecoins can be treated as cash. This temporary guidance comes as the SEC is formulating regulatory rules for crypto securities. Under the leadership of SEC Chair Paul Atkins, the commission has begun to gradually roll back some stricter policies, including previous accounting guidance that was seen as hindering traditional lending institutions' entry into the cryptocurrency market. According to the latest guidance, holding certain stablecoins pegged to the U.S. dollar, if these stablecoins have guaranteed redemption rights and are valued based on another type of asset, can be classified as cash, etc. #ETH创历史新高 $ETH