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Details: https://www.gate.com/announcements/article/47889
The U.S. Securities and Exchange Commission (SEC) has revoked a 2022 accounting guidance that required companies holding digital assets for clients to account for them as liabilities. This move is seen as a positive development for the crypto industry, potentially reducing compliance costs and encouraging more financial institutions to offer crypto custody services. #BTC #ETH #DOGE #GT #Gate.io Reserves Surpass $10 Billion