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About SHARP

Sharp (SHARP) is a cryptocurrency launched in 2024. SHARP has a current supply of 68.23Bn with 0 in circulation. The last known price of SHARP is 0.006317001337 USD and is 0.000230847411 over the last 24 hours. It is currently trading on active market(s) with $76,715.95 traded over the last 24 hours. More information can be found at .
SHARP Price Statistics
SHARP’s Price Today
24h Price Change
+$0.0002308474113.79%
24h Volume
$76,715.9510.08%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#2821
SHARP Market Cap
Market Cap
$0
Fully Diluted Market Cap
$631.70M
SHARP Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
SHARP Supply
Circulating Supply
0
Total Supply
68.23Bn
Max Supply
100.00Bn
Updated Sep 10, 2024 3:00 pm
image
SHARP
Sharp
$0.006317001337
$0.000230847411(+3.79%)
Mkt Cap $0
There's nothing here for now
SEC Maintains Stance On Crypto Custody Rule
SEC Maintains Stance On Crypto Custody Rule
According to Cointelegraph, the United States Securities and Exchange Commission (SEC) has reaffirmed its position on a rule that would limit crypto custody services for regulated financial firms. In a speech on September 9 at a banking conference, SEC chief accountant Paul Munter discussed the agency’s regulatory stance on accounting for crypto assets, particularly focusing on SEC Staff Accounting Bulletin No. 121 (SAB 121) and its applications. Munter stated that the SEC staff’s views in SAB 121 remain unchanged. He emphasized that, in the absence of specific mitigating facts and circumstances, the staff believes an entity should record a liability on its balance sheet to reflect its obligation to safeguard crypto-assets held for others. This stance was echoed by ETF Store President Nate Geraci, who noted in a September 10 post that the SEC appears firm on SAB 121, suggesting that the agency does not want to allow regulated financial institutions to custody crypto. Introduced in March 2022, SAB 121 outlines the SEC’s accounting guidelines for institutions looking to custody crypto assets. The rule has been contentious in political circles as it effectively prevents banks and regulated financial institutions from custodying crypto assets on behalf of clients. The SEC maintains that entities with such safeguarding arrangements should record a liability on their balance sheets for digital assets. Munter acknowledged that the SEC had reviewed various accounting scenarios involving blockchain and crypto assets, noting that not all arrangements fit the proposed guidelines set out in SAB 121. For instance, bank holding companies that safeguard crypto with bankruptcy protection may not need to record a liability on their balance sheets. Additionally, broker-dealers that facilitate crypto transactions but do not control the cryptographic keys may also not be required to record liabilities. Meanwhile, SEC Commissioner Hester Peirce has been vocally against the rule. She expressed her continued concern about the substance and process of SAB 121 in a recent post. The US House of Representatives voted to overturn the controversial SEC guidance in May, but President Biden vetoed the repeal the following month.
Sep 10, 2024 2:23 pm

Frequently Asked Questions

  • What is the all-time high price of Sharp (SHARP)?

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

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  • How much Sharp (SHARP) is there in circulation?

    As of , there is currently 0 SHARP in circulation. SHARP has a maximum supply of 100.00Bn.

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  • What is the market cap of Sharp (SHARP)?

    The current market cap of SHARP is 0. It is calculated by multiplying the current supply of SHARP by its real-time market price of 0.006317001337.

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  • What is the all-time low price of Sharp (SHARP)?

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

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  • Is Sharp (SHARP) a good investment?

    Sharp (SHARP) has a market capitalization of $0 and is ranked #2821 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 Sharp (SHARP) price trends and patterns to find the best time to purchase SHARP.

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