Kelly Kellam, Director at BitLab Academy, said the reversal of SAB 121 will make it easier for banks to lend against Bitcoin, just like they do with real estate. “If we get the SAB 121 change ...

SAB 121 required banks and other traditional financial institutions to hold customers' crypto assets as liabilities on their balance sheets Banks can now hold their customers' Bitcoin and other ...

The SAB 121 development comes after Trump signed executive orders, halting progress on central bank digital currencies and exploring the case of a Bitcoin (CRYPTO: BTC) reserve. Price Action ...

Reversal of SAB 121 allows banks to offer Bitcoin-backed loans, making it easier for holders to access capital without selling their assets, says BitLab Director Kelly Kellam. Kelly Kellam ...

"Bye, bye SAB 121! It’s not been fun," the commissioner also known as “Crypto Mom,” wrote. Why It Matters: The SAB 121 mandated that companies holding customers' cryptocurrencies must record ...