The US Securities and Exchange Commission (SEC) guidance on crypto custody might impede banks from the industry because of the cost of implementation, Reuters reported on Sept. 16. According to the report, the SEC accounting guidelines stated that public companies holding crypto assets on behalf of their clients must account for such assets as liabilities…
Canadian Police to block cryptocurrency transactions amid truckers protest
The Freedom Convoy, Canadian truckers protesting against vaccine mandates and passports by occupying the nation’s capital Ottawa and other important infrastructure, is continuing to constitute a threat to the Canadian government and its mandate policies. Some organizations and individuals in support of the truckers have organized and collected donations to bring financial help to the…