Big moves from the SEC recently that could change the game for crypto in the US. First, they’re stepping back from a proposal that would've forced some crypto firms to register as alternative trading systems—finally recognizing that bundling crypto with Treasury markets just doesn’t make sense.
Even bigger news: the SEC is ditching SAB 121, which used to require banks to list crypto assets they held for clients as liabilities on their balance sheets. That rule made it super hard for traditional banks to get into crypto custody—so this rollback is a major win.
All in all, it looks like we're heading toward a more open, balanced regulatory environment. Let’s hope this is the beginning of real clarity for the crypto space.
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