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Merlin
@zislidegen
π€ SAB 121 officially canceled β SEC This document was related to the accounting of crypto assets and imposed the following requirements on companies: Asset representation: Held cryptocurrencies had to be reflected as liabilities on the balance sheet. πΌ Risks: Consideration of cybersecurity threats and risks related to asset storage. π Disclosure: Transparent financial reporting on the management of digital assets. π All these requirements are no longer in effect
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