Log in/ Sign up

About Ly

Lilly Finance (Ly) is a cryptocurrency launched in 2022. Ly has a current supply of 9,007,199.25Bn with 0 in circulation. The last known price of Ly is 0.000000000052 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://lillyfinance.com/.

Official Website

Social Media

Ly Price Statistics
Ly’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#4416
Ly Market Cap
Market Cap
$0
Fully Diluted Market Cap
$468,008.45
Ly Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
Ly Supply
Circulating Supply
0
Total Supply
9,007,199.25Bn
Max Supply
9,007,199.25Bn
Updated Nov 07, 2023 2:19 am
image
Ly
Lilly Finance
$0.000000000052
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
The US SEC softens its stance on the crypto bill SAB-121, and banks are allowed to custody customer assets in a "bankruptcy isolation" manner
The US SEC softens its stance on the crypto bill SAB-121, and banks are allowed to custody customer assets in a "bankruptcy isolation" manner
In a recent speech, Paul Munter, chief accountant for the U.S. Securities and Exchange Commission (SEC), appeared to back off on the SEC’s Staff Accounting Bulletin No. 121 (SAB-121), which restricts banks from providing digital asset custody services to customers. According to analysis by Alex Thorn, head of research at Galaxy, Munter proposed several exemptions that would allow bank holding companies and introducing brokers to circumvent SAB-121’s custody provisions. Banks can avoid SAB-121’s reporting requirements if they obtain written permission from state regulators to custody customer assets in a “bankruptcy-remote” manner, clearly define standards in contracts, and conduct regular risk assessments. Introducing brokers can also be exempt from SAB-121’s requirements by meeting three conditions. The broker cannot hold a customer’s private keys, act as a third party in a transaction, or act as an agent for the introducing broker. Finally, the introducing broker must obtain a legal opinion certifying that it is an introducing broker that meets the digital asset exemption. Earlier news, on July 11, the U.S. House of Representatives voted on whether to overturn "President Joe Biden's veto of SAB 121-related resolutions", but it was not passed, and the U.S. Securities and Exchange Commission's cryptocurrency accounting policy remained unchanged.
Sep 14, 2024 8:17 am

Frequently Asked Questions

  • What is the all-time high price of Lilly Finance (Ly)?

    The all-time high of Ly was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Lilly Finance (Ly) is 0. The current price of Ly is down 0% from its all-time high.

    Read More
  • How much Lilly Finance (Ly) is there in circulation?

    As of , there is currently 0 Ly in circulation. Ly has a maximum supply of 9,007,199.25Bn.

    Read More
  • What is the market cap of Lilly Finance (Ly)?

    The current market cap of Ly is 0. It is calculated by multiplying the current supply of Ly by its real-time market price of 0.000000000052.

    Read More
  • What is the all-time low price of Lilly Finance (Ly)?

    The all-time low of Ly was 0 , from which the coin is now up 0%. The all-time low price of Lilly Finance (Ly) is 0. The current price of Ly is up 0% from its all-time low.

    Read More
  • Is Lilly Finance (Ly) a good investment?

    Lilly Finance (Ly) has a market capitalization of $0 and is ranked #4416 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Lilly Finance (Ly) price trends and patterns to find the best time to purchase Ly.

    Read More