Not sure how to use your Gate Post Growth Points? We've got you covered!
Growth Points Lucky Draw Round 1️⃣ 1️⃣ is coming soon!
Post, comment, like, and join chats daily to earn more Growth Points and win amazing prizes!
➡️ https://www.gate.io/post
🔥 This round features upgraded prizes — with surprise rewards waiting for you!
For more Growth Points tasks, tap the Growth Points icon next to your Gate Post avatar.
Thank you for your support and engagement — we’re here to reward your every effort!
#CommunityGrowthPoints#
The post SEC repeals SAB 121: banks are free to hold digital assets appeared first on Atlas21.
SEC repeals SAB 121: banks are now free to hold digital assets SAB 121 was a rule introduced by former SEC Chairman Gary Gensler that required companies holding cryptocurrencies (such as banks and exchanges) to report those assets as "liabilities" on their balance sheets.
The rule required them to do so. For example, if a bank managed $1 million worth of bitcoins for its customers, it had to have $1 million in cash reserves. This requirement made it prohibitively expensive and difficult for tra