🚨 SEC Scraps Controversial Crypto Rule — Gensler’s Misstep!

4 months ago
27

Big news! The SEC has scrapped the Staff Accounting Bulletin 121, a controversial rule from former chairman Gary Gensler that forced banks to count crypto holdings as liabilities — an idea that left accountants scratching their heads 🤯📉.

At Spiking, we’re here to break down what this means for the industry. Stay tuned! 🚀
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