Golden Finance reported that according to sources, some companies and financial institutions have put forward some business requirements, and the US SEC staff agreed that these requirements would allow them to be exempt from the controversial cryptocurrency accounting guidance. Since the release of SAB 121 in March 2022, after a large number of cryptocurrency industry bankruptcies, companies have been seeking advice from the SEC to develop new policies and procedures related to cryptocurrencies. The source added that SAB 121 itself has not changed. SEC sources said: "In April 2022, there are many unanswered questions about how the law will come out about these things. We have seen many crypto industry participants being careless in providing these services, which has harmed many customers." The source added that the company has now proved that some of the procedures and technologies they have set up allow customers to retrieve their cryptocurrencies like any other assets (such as US dollars) in bankruptcy, and therefore do not bear the obligations stipulated in SAB 121.