by Shivam | Jan 24, 2025 | Blockchain, Cryptocurrency, Economics
The U.S. Securities and Exchange Commission (SEC) has rescinded a controversial accounting rule that required banks to treat bitcoin and other cryptocurrencies as liabilities on their balance sheets. Staff Accounting Bulletin 121 (SAB 121), introduced in 2022, imposed...
by Natalie Matejkova | Dec 5, 2024 | Blockchain, Cryptocurrency, Investing News
US equity futures traded within narrow ranges on Thursday as investors took a pause from the record-breaking rally that has characterized recent market activity. Amid this quieting in stocks, Bitcoin made headlines by surging above the $100,000 mark for the first...
by Lucas Shum | Aug 28, 2024 | Domestic, Economics, Investing News
On Wednesday, the U.S. Securities and Exchange Commission (SEC) is expected to approve a significant overhaul of reporting requirements for mutual funds and exchange-traded funds (ETFs). If adopted, the new rule changes will mandate that these investment vehicles...