THE US SECURITIES AND EXCHANGE COMMISSION (SEC) IS RESHAPING THE CRYPTOCURRENCY MARKET WITH A NEW RULING!

Old Rule (SAB 121):
Banks and companies had to show cryptocurrency holdings in their financial report to customers.
New Rule (SAB 122):
Companies can now follow regular financial accounting rules or international standards (IFRS) for reporting cryptocurrency.
Impact:
The SEC is changing how cryptocurrencies are reported in financial statements.
Companies have more flexibility in how they report crypto assets.