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U.S. SEC's Knock From Congressional Watchdog May Not Budge Crypto Accounting Policy
Posted on 11/03/2023
As the U.S. Securities and Exchange Commission (SEC) Chair keeps chasing non-compliance in crypto, his agency was slammed by the watchdog Government Accountability Office (GAO) for its own compliance failure in issuing crypto accounting standards without treating the policy as a formal rule. So, what now? In practical terms, probably nothing much.
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