2023-3-1 16:53 |
The episode highlights yet another chokepoint for the blockchain industry: It's become harder for crypto startups to enlist big accounting firms to do audits and asset attestations. origin »
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Crypto accounting is undergoing a seismic shift in the United States as the Financial Accounting Standards Board (FASB) unanimously approves new rules governing the fair valuation of companies’ cryptocurrency holdings, according to recent reports.
2023-9-8 18:30 | |
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The U.S. accounting standards board yesterday unanimously voted in favor of "fair value" accounting for crypto assets held on corporate balance sheets.
2023-9-8 19:51 | |
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Another step has been taken on the path to use fair-value accounting for the reporting of crypto assets in the United States.
2022-10-14 05:50 | |
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The Financial Accounting Standards Board (FASB) has said that firms should use fair-value accounting methods for cryptocurrencies likes bitcoin and ethereum.
2022-10-13 12:48 | |
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Ledgible provides clear data that simplifies taxes and accounting for everyone. There is no doubt that the popularity of crypto is rising day by day. Even though the regulatory side of crypto is clearing up among global nations, the crypto tax space still contains some uncertainty.
2022-10-4 16:16 | |
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In a case which could have significant repercussions for the wider crypto industry, U. S. Judge Katherine Polk Failla has ordered Tether (USDT) to produce accounting documentation to prove the stablecoin is backed by U.
2022-9-21 16:30 | |
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Investors included some notable names from the crypto industry, such as figures from Coinbase, Anchorage and Dapper Labs.
2022-9-21 21:41 | |
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Accounting organization, KPMG, released a report that commented on the current state of the cryptocurrency market. The report stated that crypto projects will continue to stay low for the rest of 2022The post Want to know the future of crypto market in 2022? Read this report appeared first on AMBCrypto.
2022-9-7 16:00 | |
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The Financial Accounting Standards Board (FASB) will not include NFTs and some stablecoins in its crypto accounting review, The Wall Street Journal reported on August 31, citing sources. The post FASB crypto accounting rules to exclude NFTs, some stablecoins – WSJ appeared first on CryptoSlate.
2022-9-1 13:03 | |
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Crypto startup Don’t Know Your Customer has managed to avoid a cybersquatting complaint brought by accounting giant Deloitte over its domain name. The post Crypto startup wins cybersquatting dispute against Deloitte appeared first on CryptoSlate.
2022-9-1 07:00 | |
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The accounting standards body outlined its criteria for crypto assets that would be covered by a forthcoming rule regarding companies and their digital assets.
2022-9-1 23:54 | |
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The miner said that macroeconomic factors have complicated its accounting more than expected.
2022-8-10 01:13 | |
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ACCOUNTING.com is a one-stop platform that allows cryptocurrency users to track their crypto portfolios… The post ACCOINTING.com review: track crypto portfolios and generate crypto tax reports appeared first on CoinJournal.
2022-8-4 17:07 | |
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Big Four accounting firm PwC's crypto head has left his to set up a $75 million digital asset fund in Dubai, the Financial Times reported Thursday.
2022-8-4 11:56 | |
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A new joint study by big-four accounting firm KPMG and British multinational bank HSBC finds that a quarter of all businesses in the Asia-Pacific region are crypto-related businesses. The post Quarter of Surveyed Companies in Asia-Pacific Involved in Crypto, Says Recent Study appeared first on BeInCrypto.
2022-7-25 20:00 | |
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Five Republican senators, including “Crypto Senator” Cynthia Lummis, have sent a letter to the SEC regarding its March bulletin, which established broad new requirements for trading platforms.
2022-6-18 22:30 | |
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A rapidly growing crypto market means that hacks and scams are accounting for less overall activity, and their percentage of total usage continues to decline.
2022-6-14 07:01 | |
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A survey released by one of the Big Four accounting firms has revealed that most US retailers are open to accepting crypto payments and are actively working towards it.
2022-6-13 16:56 | |
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The back-office solution helps collect fragmented on-chain data for accounting and tax reporting purposes.
2022-6-7 19:00 | |
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The Chief Executive Officer of MicroStrategy and Bitcoin maximalist Michael Saylor has expressed excitement about the United States Financial Accounting Standards Board (FASB) decision to review rules for crypto.
2022-5-12 15:45 | |
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A clearer framework for how companies might account for crypto might pave the way greater adoption.
2022-5-11 20:03 | |
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Tactic the crypto accounting platform that’s built to save businesses time, launched publicly today and announced that it has secured $2.6 million in funding. The...
2022-5-4 19:29 | |
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Apart from providing the legal framework for the circulation and issuance of cryptocurrencies, the draft bill also introduces requirements for certification, identification, and accounting for entities who would like to open digital asset businesses in Russia.
2022-4-17 19:59 | |
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Peirce, sometimes referred to as the Crypto Mom, found the new guidance to be an example of the SEC’s “scattershot and inefficient approach to crypto.”
2022-4-1 00:59 | |
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The TRON Grand Hackathon has been an important gathering place for developers to come together, share ideas, create threads, and connect with one another concerning the crypto community, with Forum activity accounting for 40% of the final score.
2022-3-16 01:08 | |
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Analysts at Santiment have presented a strong and oversold screener for ADA, MATIC, CRO, and LINK, accounting for...
2022-2-23 15:37 | |
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Ledgible, the leading professional-first platform for tax and accounting of crypto assets, announced native integration with WalletConnect, an open standard protocol to connect crypto wallets...
2022-2-18 09:21 | |
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Scams were among the leading causes of cryptocurrency deaths, accounting for over 500 doomed coins so far. The post Over $6 billion has been lost to just two crypto scams appeared first on CryptoSlate.
2022-2-9 09:00 | |
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Accounting and advisory giant KPMG in Canada has completed an allocation of crypto assets to its corporate treasury, the firm’s first direct investment in crypto assets. The post Accounting giant KPMG adds Bitcoin and Ether to its balance sheet appeared first on CryptoSlate.
2022-2-8 23:47 | |
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Amid the crypto market meltdown, MicroStrategy stock slid as much as 15% before equity markets rebounded late Monday–following the US Securities and Exchange Commission (SEC) objecting to the company’s Bitcoin accounting strategy.
2022-1-25 17:00 | |
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GameStop is pushing further into the NFT sector based on a slew of recent job listings
2021-11-4 11:41 | |
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RSK-powered BullaNetwork is aiming to revolutionize the payments ecosystem through DeFi and NFTs on Bitcoin. The project has adopted a fresh model which entails minting its accounting journal tokens (AJTs) as non-fungible ERC721 tokens, to pioneer a new frontier for crypto credit markets.
2021-10-29 13:00 | |
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Ledgible, the leading platform for tax and accounting of crypto assets, announced today native integration with Doge making it easy for those holding, selling, trading, and making purchases with...
2021-10-5 19:18 | |
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Auditchain is a decentralized accounting, reporting, audit, and analysis virtual machine that automates and provides proof of assurance on the world’s financial and business information. Global Accounting Services will generate $550 Billion in revenue in 2021 and is expected to grow to over $600 Billion in 2023.
2021-9-8 14:20 | |
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76% of global financial leaders believe that digital assets will become a strong alternative to, or potentially replace fiat currencies completely in the next 5-10 years, according to a new survey by world-leading accounting firm Deloitte.
2021-8-24 00:50 | |
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Satoshi Nakamoto’s original plan of revolutionizing the financial landscape is gradually coming to the fore. According to a report by one of the Big Four accounting firm Deloitte, more businesses and professionals are open to the idea of digital assets playing a role in their operations in the future.
2021-8-24 22:44 | |
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Investor interest in crypto assets has led to a huge surge in overall investments into the blockchain and cryptocurrency industry, a new report by accounting firm KPMG has revealed. It further stated The post Bitcoin or Blockchain: What is causing crypto investments to double appeared first on AMBCrypto.
2021-8-13 05:00 | |
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Undoubtedly the biggest storyline this tax season was how crypto holders would pay their taxes if accountants, lawyers and even the IRS had trouble accounting for it. xDai, a truly decentralized stable payments blockchain, is now offering such a service through a partnership with CryptoTaxCalculator.
2021-5-20 03:42 | |
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DOGE is the one that is yet again leading the market, closing in on a $100 bln market cap, and is accounting for 41. 55% of Upbit’s overall volume, which is also more than Coinbase Pro’s entire volume.
2021-5-5 17:46 | |
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CryptoNinjas » NODE40 teams up with Sovos to offer suite of crypto tax and compliance services NODE40, developers of NODE40 Balance, a blockchain accounting platform, today announced a partnership with tax software company Sovos, to offer an all-inclusive suite of tax and compliance automation services for crypto-asset service providers.
2021-4-27 03:01 | |
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Luno, one of Africa’s pioneering crypto exchanges, has revealed that South Africa’s cryptocurrency trading is largely dominated by young people with those under the age of 29 accounting for 40% of transactions.
2021-4-20 17:30 | |
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Verady, maker of the Ledgible cryptocurrency tax and accounting platform, makes it easy for crypto holders to accurately account for crypto events with Ledgible Tax...
2021-3-26 06:40 | |
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Verady, maker of the Ledgible cryptocurrency tax and accounting platform, announced that the Company joined the Accounting Blockchain Coalition. Verady’s extensive expertise will add to working papers, education, and other resources on...
2021-2-11 09:00 | |
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Upbit, a South Korean-based cryptocurrency exchange, released today its latest audit reports showing over 100% user fund capitalization in both crypto and fiat. The ‘Digital Assets and Fiat Deposit Audit’ report, was completed by JIAN Accounting Corporation as of Jan 1st, 2021.
2021-1-22 18:35 | |
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Bityard, a fairly new crypto exchange, currently focuses primarily on crypto asset trading. According to the developers, Bityard is under the regulations of The Accounting and Corporate Regulatory AutThe post Crypto-Trading Platform Bityard With Integrated Copy Trading Function Launched For Global Investors appeared first on AMBCrypto.
2020-12-21 18:00 | |
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Verady, maker of the Ledgible cryptocurrency tax, accounting, and financial reporting platform, today announced its Ledgible Crypto Partner Program. The Program is designed to aid accountants, tax preparers and bookkeepers in...
2020-11-13 09:11 | |
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Before Wirecard's insolvency filing, Crypto.com and TenX said customer funds were unaffected by their partner's accounting scandal.
2020-6-26 19:35 | |
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The big four accounting firm’s project helps bring together crypto assets and traditional systems... The post KPMG’s Chain Fusion will enable crypto and traditional assets management over the blockchain network appeared first on Coin Journal.
2020-6-23 17:57 | |
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EY, one of the big four accounting firms, has announced the launch of its in-house cryptocurrency tax service, EY CryptoPrep. The service is a fully automated, web-based product that will... The post Top Accounting Firm EY Launches Crypto Tax Prep Service appeared first on Crypto Briefing.
2020-6-20 03:53 | |
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Binance head Richard Teng says the exchange is in “close touch” with its customers regarding the bankruptcy of FlowBank, which stored the exchange’s clients trading collateral. Cryptocurrency exchange Binance seems unaffected by FlowBank‘s bankruptcy, following the Swiss regulator’s announcement on…
Stablecoin TrueUSD (TUSD) affiliated with Justin Sun lost nearly 80% in market capitalization after crypto exchange Binance removed several trading pairs with it. TrueUSD (TUSD), a stablecoin issued by the TrustToken platform, which currently operates as Archblock, declined by 78.9%…
Инвестиционное подразделение крупнейшей в мире криптовалютной биржи Binance стало независимой компанией, узнали источники агентства Bloomberg. Рыночная стоимость Binance Labs оценивается в $10 млрд.
In a surprising turn of events, the stability of TrueUSD (TUSD) experienced a significant dip, dropping to $0.995. This decline was triggered by several factors, including the resignation of Binance’s former CEO, Changpeng Zhao (CZ), and contentious statements suggesting that terrorists prefer Justin Sun’s Tron over Bitcoin for funding activities. […]
TrueUSD client data, including names and blockchain wallet addresses, is exposed following a security breach involving a third-party vendor.
Криптовалютная биржа Huobi провела ребрендинг торговой площадки, приурочив его к своему десятилетнему юбилею. Новое название, HTX, комментаторы в соцсетях биржи уже назвали слишком похожим на FTX.
In recent months, the crypto markets have witnessed significant turbulence leading to the lowest quarterly trade volume since 2020. Amid varying economic factors, a bearish perception of investors toward cryptocurrencies and the broader economic climate reflects a dynamic yet challenging landscape.