The repeal of SAB 121 accounting guidance marks a significant shift for institutional crypto adoption. Morgan Krupetsky explained on FintechTV that this change enables banks to provide direct on-chain crypto custody services.
Key developments:
- Banks can now custody crypto assets with reduced accounting barriers
- Avalanche's infrastructure offers fast finality and interoperability
- Turnkey Layer 1 tools simplify institutional web3 integration
Learn more in the full interview: Watch on FintechTV
Why are institutions warming to crypto? @MorganKrupetsky told @RemyBlaireNews on @FintechTvGlobal that SAB 121鈥檚 repeal lets banks custody crypto on-chain. Avalanche鈥檚 fast finality, interoperability & turnkey L1 tooling are helping institutions easily expand to web3. For
Avalanche Network Shows Strong Growth in Gaming and Institutional Adoption
Avalanche network demonstrates notable growth across multiple sectors: - Significant increase in capital inflow - Growing institutional adoption and partnerships - Rising gaming activity and infrastructure development - Cost reduction initiatives benefiting developers The network's partnership with @BuildOnBeam continues to advance gaming infrastructure, marking a strategic evolution in blockchain gaming capabilities. *Key highlights:* - Developer-friendly cost structure - Enhanced gaming infrastructure - Institutional investment growth - Sustainable ecosystem expansion
AvaCloud Introduces Private Payroll Solution Using eERC Standard
AvaCloud has developed a new blockchain payroll system leveraging the eERC standard that maintains confidentiality while offering blockchain benefits: - Enables private salary transactions on-chain - Reduces administrative overhead - Automates payments through smart contracts - Maintains payment security and transparency The solution addresses a key barrier to enterprise blockchain adoption by allowing companies to process payroll without exposing sensitive salary data publicly. This development could accelerate institutional adoption of blockchain-based payment systems while preserving privacy requirements.
Avalanche Launches Comprehensive Blockchain Development Guide for Beginners

Avalanche has released a new Beginner's Guide to Blockchain Development, designed to help newcomers start their Web3 journey. The guide offers: - Basic blockchain concepts and terminology - Essential technical skills roadmap - Soft skills development (networking, community building) - Comprehensive resource listings The guide is available on the E1evate platform and emphasizes both technical proficiency and community engagement. It serves as a starting point for aspiring blockchain developers, with clear pathways for skill progression. [Access the guide here](https://elevate.avax.network/guides/beginners_guide_to_blockchain_development/)
Robert Rodriguez Launches Blockchain-Powered Film Studio
Director Robert Rodriguez (*Sin City*, *Spy Kids*) has partnered with Republic to launch Brass Knuckle Films, a new venture tokenized on Avalanche blockchain. The studio aims to produce high-impact action movies while democratizing film investment through blockchain technology. Key features: - Fans can invest directly in film projects - Profit-sharing opportunities - Exclusive perks including set visits and screenings - Direct access to Rodriguez and team - Community input on film concepts The initiative represents a significant shift in independent film financing, bypassing traditional Hollywood funding structures. Learn more at [Brass Knuckle Films](https://brassknucklefilms.com)