🚀 Breaking News: SEC's SAB-121 Takes a Backseat! 🚀

In a surprising twist, SEC's chief accountant Paul Munter hinted at easing SAB-121, which had banks sweating over digital asset custody. 🌐

🔹 Banks can dodge SAB-121 if:

- State regulators give the nod

- Assets are "bankruptcy remote"

- Contracts are crystal clear

- Regular risk checks are done

🔹 Brokers can escape too if:

- No client private keys

- Not third-party in transactions

- Legal opinion in hand

Galaxy's Alex Thorn says this is a win for crypto adoption! 🎉

What do you think? Drop your thoughts below! 💬