US lawmaker urges SEC to repeal controversial crypto custody rule SAB 121
US lawmaker Wiley Nickel urges SEC to repeal SAB 121, arguing it hampers crypto growth and pushes investors offshore. The post US lawmaker urges SEC to repeal controversial crypto custody rule SAB 121 appeared first on C...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
US lawmaker Wiley Nickel urges SEC to repeal SAB 121, arguing it hampers crypto growth and pushes investors offshore.
The post US lawmaker urges SEC to repeal controversial crypto custody rule SAB 121 appeared first on Crypto Briefing.
Why this matters
This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Crypto BriefingRelated market context
Standard Chartered pushes $2 trillion stablecoin market forecast to 2030 as supply growth stalls
Standard Chartered Bank has pushed its $2 trillion stablecoin market forecast to 2030 from 2028 because supply growth has stalled...
Standard Chartered brings Ripple’s RLUSD into banking custody after $765 million quarterly surge
Standard Chartered has launched custody for Ripple's RLUSD stablecoin as it prepares to expand its use as collateral for instituti...
Riot Platforms moves its Bitcoin custody from NYDIG to BitGo Bank & Trust
Riot's custody shift to BitGo highlights the growing trend of prioritizing regulatory clarity and scale in digital asset managemen...
Ripple taps Meritz Securities to bring custody, tokenization to Korea’s capital markets
Ripple's partnership with Meritz Securities could accelerate digital asset integration in South Korea, potentially reshaping its f...
How the SEC’s lack of leadership could facilitate crypto rulemaking
A recent change in the SEC’s rules on quorum could make it easier for the agency to amend its approach to crypto regulation in the...
SEC Commissioner Mark Uyeda defends quorum rule revisions
The SEC's quorum rule change may streamline decision-making but risks legal challenges and highlights the urgency of filling vacan...