FASB Mulls Fair-Value Accounting for Crypto Holdings: Report
Fair-value accounting for crypto will encourage companies to put bitcoin on their balance sheet, according to Michael Saylor.
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Oct 13, 2022 at 9:48 a.m. UTC
Oct 13, 2022
Accounting
Real-Time Accounting Platform Integral Raises $8.5M in First Round of Funding
Investors included some notable names from the crypto industry, such as figures from Coinbase, Anchorage and Dapper Labs.
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Sep 20, 2022 at 6:41 p.m. UTC
Sep 20, 2022
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SEC's Crypto Guidance Pushes US Banks to Rethink Custody Projects: Report
The regulator suggests that customers' crypto assets should be treated as liabilities by lenders, which could be "prohibitively costly" for banks.
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Sep 16, 2022 at 10:45 a.m. UTC
Sep 16, 2022
FASB Crypto Accounting Review Won’t Include NFTs, Certain Stablecoins: Report
The accounting standards body outlined its criteria for crypto assets that would be covered by a forthcoming rule regarding companies and their digital assets.
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Aug 31, 2022 at 8:54 p.m. UTC
Aug 31, 2022
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Credit Suisse Held $31M in ‘Digital Assets’ for Clients Last Quarter
The Swiss bank disclosed its custody of what are more likely tokenized securities than cryptocurrencies in keeping with SEC accounting guidance.
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Aug 31, 2022 at 5:36 p.m. UTC
Aug 31, 2022
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Accounting Rules Make the Outcome of Tesla’s Bitcoin Sale Unclear
After the car maker sold 75% of its bitcoin, Twitter piled on the company for losing money on the sale even though it didn’t.
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Jul 24, 2022 at 2:50 p.m. UTC
Jul 24, 2022
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Cryptio Raises $10M to Make Crypto Accounting Easier
The company's back-office product helps collect fragmented on-chain data for accounting and tax reporting purposes.
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Jun 6, 2022 at 4:00 p.m. UTC
Jun 6, 2022
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Tether Cut Commercial Paper Reserve by 17% in Q1, Accountants Say
The reduction has continued with a further 20% cut since April 1, which will be reflected in the Q2 report, the stablecoin issuer said.
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May 19, 2022 at 2:49 p.m. UTC
May 19, 2022
FASB to Review Accounting Rules for Digital Assets Held on Balance Sheets: Report
A clearer framework for how companies might account for crypto could pave the way greater institutional adoption.
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May 11, 2022 at 5:03 p.m. UTC
May 11, 2022
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US Firms Providing Custody Services Should Account for Crypto Assets as Liability, Disclose Risk, SEC Says
The guidance would apply to U.S.-listed exchanges and other firms providing cryptocurrency services and holding digital assets on behalf of clients.
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Mar 31, 2022 at 4:45 p.m. UTC
Mar 31, 2022