Entries by GRYZUoDLu7t8z22

U.S. SEC Messed Up in Handling Contentious Crypto Accounting Bulletin: GAO

The U.S. Securities and Exchange Commission (SEC) was out of bounds when it issued its controversial “Staff Accounting Bulletin 121,” according to the Government Accountability Office (GAO). The 2022 guidance, which the industry says threatens crypto investors’ ability to find safe harbors for their assets, should have been treated as a formal rule, the GAO […]

Bitcoin Holds Steady Above $34K After Hawkish BOJ Decision

The BOJ’s yield curve control program has been a major source of liquidity for financial markets since 2016. Early Tuesday, the bank tweak the curve control program in what appears to be a stealth hawkish move.Source