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【US SEC Releases Temporary Accounting Guidance for Stablecoins】

According to Bloomberg, the U.S. Securities and Exchange Commission (SEC) is further advancing on the basis of preliminary cryptocurrency accounting rules by releasing new staff guidance that indicates certain stablecoins can be treated as cash. This temporary guidance comes at a time when the SEC is formulating regulatory rules for crypto securities. Under the leadership of SEC Chairman Paul Atkins, the commission has begun gradually rolling back some stricter policies, including previously issued accounting guidance that was seen as hindering traditional lending institutions from entering the crypto market. According to the latest guidance, holding certain stablecoins pegged to the U.S. dollar, if these stablecoins have a secured redemption right and are value-pegged to another class of assets, can be classified as cash equivalents #ETH创历史新高 $ETH