{"id":9429,"date":"2025-01-24T01:46:43","date_gmt":"2025-01-24T01:46:43","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=9429"},"modified":"2025-01-24T01:46:43","modified_gmt":"2025-01-24T01:46:43","slug":"sec-repeals-sab-121-policy-that-restricted-banks-from-providing-custody-services-for-bitcoin-crypto-mom-says-bye-bye","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=9429","title":{"rendered":"SEC Repeals SAB 121 Policy That Restricted Banks From Providing Custody Services For Bitcoin: Crypto Mom Says &#8216;Bye, Bye&#8217;"},"content":{"rendered":"<div>\n<p>The Securities and Exchange Commission on Thursday repealed a cryptocurrency accounting directive that prevented banking institutions from providing custodial services for digital assets.<\/p>\n<p><strong>What happened<\/strong>: SEC commissioner <strong>Hester Peirce<\/strong>, who leads the recently formed cryptocurrency task force, announced the cancellation of the Staff Accounting Bulletin No. 121 policy, also known as <strong>Hester Peirce<\/strong>,<\/p>\n<p>&#8220;Bye, bye SAB 121! It\u2019s not been fun,&#8221; the commissioner also known as \u201cCrypto Mom,\u201d wrote.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Thank you for your leadership, Commissioner Peirce! <a href=\"https:\/\/t.co\/m8JrUzXgaX\">https:\/\/t.co\/m8JrUzXgaX<\/a><\/p>\n<p>\u2014 Cynthia Lummis \ud83e\uddac (@CynthiaMLummis) <a href=\"https:\/\/twitter.com\/CynthiaMLummis\/status\/1882566097175793747?ref_src=twsrc%5Etfw\">January 23, 2025<\/a><\/p>\n<\/blockquote>\n<p><script ...><\/p>\n<p><a href=https:\/\/www.benzinga.com\/25\/01\/43181875\/another-crypto-friendly-measure-by-trump-sec-revokes-sab-121-policy-that-curtailed-banks-ability-to-custody-digit alt=SEC Repeals SAB 121 Policy That Restricted Banks From Providing Custody Services For Bitcoin: Crypto Mom Says &#039;Bye, Bye&#039;>Full story available on Benzinga.com<\/script><\/div>\n<\/figure>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Securities and Exchange Commission on Thursday repealed a cryptocurrency accounting directive that prevented banking institutions from providing custodial services for digital assets. What happened: SEC commissioner Hester Peirce, who leads the recently formed cryptocurrency task force, announced the cancellation of the Staff Accounting Bulletin No. 121 policy, also known as Hester Peirce, &#8220;Bye, bye [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-9429","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9429"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/9429\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}