Congressman Criticizes SEC's SAB 121 Misuse
This is a U.S. news story, published by CoinGape, that relates primarily to Ritchie Torres news.
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US SEC Misuing SABCoinGape
•U.S. Congressman slams SEC for stifling innovation through misuse of SAB 121
63% Informative
U.S. Congressman Ritchie Torres slams SEC for stifling innovation through the misuse of SAB 121 .
US SEC and Federal Reserve have been pressuring banks offering crypto custody services.
Despite regulatory hurdles, banking giant BNY Mellon secured approval to offer crypto custodial services.
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