“Today, the GAO recognized SAB 121 for what it is: regulation under the guise of staff guidance,” said Nathan McCauley, CEO and co-founder of Anchorage Digital Bank, in a statement. He said the bulletin “makes it economically impossible for SEC-reporting banks – some of the most trusted financial institutions worldwide – to custody digital assets at scale.”
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to Bloomberg, Ant Digital Technologies has...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Japan Post Bank is moving toward a...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A Bitcoin-focused company based in Paris wants...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple has teamed up with Japan’s Web3...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A growing number of experts warn that...
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