The SEC's Staff Accounting Bulletin No. 121 (SAB 121) is under scrutiny after a Government Accountability Office (GAO) report found that the SEC did not properly follow its own rulemaking procedures when issuing SAB 121 or adequately consider the impact on investors and crypto companies. John Deaton, an attorney representing Ripple Labs in its ongoing lawsuit against the SEC, argues that the GAO report confirms that the SEC is overstepping its authority. The GAO report could lead to the SEC rescinding or revising SAB 121, which would be a victory for the crypto industry.
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USDT
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BNB
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USDC
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XRP
$1.04
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SOL
$76.16
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$0.32879
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FIGR_HELOC
$1.00
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HYPE
$55.03
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DOGE
$0.070617
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USDS
$0.999923
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RAIN
$0.012662
▼ -0.60%
LEO
$9.71
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ZEC
$508.34
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ADA
$0.19898
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XMR
$375.33
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WBT
$56.18
▲ +0.10%
LINK
$8.33
▲ +1.70%
XLM
$0.164948
▲ +1.80%
DAI
$0.999887
▲ +0.00%
BCH
$216.14
▲ +0.10%
USD1
$0.999422
▼ -0.10%
USDE
$0.999576
▲ +0.00%
CC
$0.09571
▲ +4.90%
Mkt Cap $2.30T
BTC Dom 56.66 %
BTC
$64,941.00
▲ +0.00%
ETH
$1,918.35
▲ +0.30%
USDT
$0.999366
▲ +0.00%
BNB
$600.32
▲ +1.50%
USDC
$0.999647
▲ +0.00%
XRP
$1.04
▲ +1.70%
SOL
$76.16
▲ +3.10%
TRX
$0.32879
▲ +0.40%
FIGR_HELOC
$1.00
▼ -2.70%
HYPE
$55.03
▲ +1.30%
DOGE
$0.070617
▲ +1.70%
USDS
$0.999923
▲ +0.00%
RAIN
$0.012662
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$508.34
▼ -0.30%
ADA
$0.19898
▼ -1.50%
XMR
$375.33
▼ -0.50%
WBT
$56.18
▲ +0.10%
LINK
$8.33
▲ +1.70%
XLM
$0.164948
▲ +1.80%
DAI
$0.999887
▲ +0.00%
BCH
$216.14
▲ +0.10%
USD1
$0.999422
▼ -0.10%
USDE
$0.999576
▲ +0.00%
CC
$0.09571
▲ +4.90%
BTC
$64,941.00
▲ +0.00%
ETH
$1,918.35
▲ +0.30%
USDT
$0.999366
▲ +0.00%
BNB
$600.32
▲ +1.50%
USDC
$0.999647
▲ +0.00%
XRP
$1.04
▲ +1.70%
SOL
$76.16
▲ +3.10%
TRX
$0.32879
▲ +0.40%
FIGR_HELOC
$1.00
▼ -2.70%
HYPE
$55.03
▲ +1.30%
DOGE
$0.070617
▲ +1.70%
USDS
$0.999923
▲ +0.00%
RAIN
$0.012662
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$508.34
▼ -0.30%
ADA
$0.19898
▼ -1.50%
XMR
$375.33
▼ -0.50%
WBT
$56.18
▲ +0.10%
LINK
$8.33
▲ +1.70%
XLM
$0.164948
▲ +1.80%
DAI
$0.999887
▲ +0.00%
BCH
$216.14
▲ +0.10%
USD1
$0.999422
▼ -0.10%
USDE
$0.999576
▲ +0.00%
CC
$0.09571
▲ +4.90%
Mkt Cap $2.30T
BTC Dom 56.66 %
BTC
$64,941.00
▲ +0.00%
ETH
$1,918.35
▲ +0.30%
USDT
$0.999366
▲ +0.00%
BNB
$600.32
▲ +1.50%
USDC
$0.999647
▲ +0.00%
XRP
$1.04
▲ +1.70%
SOL
$76.16
▲ +3.10%
TRX
$0.32879
▲ +0.40%
FIGR_HELOC
$1.00
▼ -2.70%
HYPE
$55.03
▲ +1.30%
DOGE
$0.070617
▲ +1.70%
USDS
$0.999923
▲ +0.00%
RAIN
$0.012662
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$508.34
▼ -0.30%
ADA
$0.19898
▼ -1.50%
XMR
$375.33
▼ -0.50%
WBT
$56.18
▲ +0.10%
LINK
$8.33
▲ +1.70%
XLM
$0.164948
▲ +1.80%
DAI
$0.999887
▲ +0.00%
BCH
$216.14
▲ +0.10%
USD1
$0.999422
▼ -0.10%
USDE
$0.999576
▲ +0.00%
CC
$0.09571
▲ +4.90%
