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Tag: Crypto

smashed can on street

FASB Issues Proposed Update for Crypto Accounting

smashed can on street

When it comes to regulating cryptocurrency, the federal government for roughly a decade has taken the de facto position of kicking the can down the road. Even though the task of defining what crypto is has flummoxed regulators, that hasn’t...

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SEC Backs Big Budget for Crypto Crackdown

SEC Backs Big Budget for Crypto Crackdown

SEC Backs Big Budget for Crypto Crackdown

The Biden administration has proposed a record-smashing $2.4 billion budget for the SEC in fiscal year 2024, and it’s apparently already burning a hole in Gary Gensler’s pocket. To hear him tell it, the SEC chair is more than ready to use t...

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A heap of debris

SEC Issues New Crypto Guidance in Wake of FTX Mess

A heap of debris

This year, cryptocurrency exchange FTX joined companies like Enron and Lehman Brothers on the list of infamous corporate implosions. As Wall Street and legal authorities continue to sort through the rubble, the Securities and Exchange Commi...

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Puppet artist creating nature masterpiece

Regulatory Machinery Can’t Stop Musk’s Market-Moving Mayhem

Puppet artist creating nature masterpiece

Human beings can never know exactly what it feels like to be a marionette manipulated by the whims of a puppeteer. They can, however, invest in cryptocurrency and then follow Elon Musk’s Twitter account. When they do, they’ll find themselve...

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