🚨 Big news for the crypto industry - The SEC has officially rescinded SAB 121! 🚨

This move clears a major accounting hurdle, allowing U.S. banks to provide custody services and paving the way for new opportunities in #CryptoLending.

✨ Key Impacts:

✅ Bitcoin can now be recognized as pristine collateral, boosting its utility
✅ Custodians gain expanded lending capacity with reduced accounting liabilities
✅ Banks can attract new clients, like corporates, using Bitcoin as a treasury asset
✅ Institutional participation is set to grow with reduced risk perception

At @Membrane_Labs, we’re excited about the possibilities this unlocks for the future of crypto lending. Let’s talk about how our prime services infrastructure can help banks and institutions integrate lending and other digital asset services - Request a demo today!

📖 Read the full blog here:#Membrane_labs #Bitcoin #Crypto #DigitalAssets #CryptoCustody #InstitutionalFinance
#CryptoLending