Tagged: sab

Saudi Arabia: SAB, Fintech Firm Ottu to Enhance Digital Payments

May 25, 2023 @ 9:52 pm By Omar Faridi |

SAB has announced its collaboration with Ottu, a fast-growing payment fintech, to enhance its Digital Payments Solution. This partnership will “provide SAB merchants with an Online Payment Management Solution (OPMS) using direct integration with the payment gateways provided by SAB.” This collaboration aims “to simplify… Read More

The SEC’s Scattershot and Inefficient Approach to Crypto: Commissioner Hester Peirce Comments on New Staff Bulletin on Crypto

March 31, 2022 @ 2:52 pm By JD Alois |

The Securities and Exchange Commission (SEC) has posted a Staff Accounting Bulletin (SAB) expressing the view of the staff regarding the “accounting for obligations to safeguard crypto-assets an entity holds for platform users.” The SAB adds “interpretive guidance” regarding “obligations to safeguard crypto-assets held for… Read More