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Tag: cryptocurrency

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FASB Issues Long-Awaited Disclosure Standard

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Roughly a month after the Financial Accounting Standards Board published its first accounting standard for the disclosure of crypto assets, companies and accountants seeking clarity on crypto matters, for the first time, have a standard tha...

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Tech Industry Coming to Terms with Water Consumption

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When it comes to industries commonly viewed as the biggest threats to the environment, sectors like oil and gas and manufacturing often come to mind. We should probably add cryptocurrency to that list as well. As the crypto industry has age...

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Adviser Compliance, Crypto, Money Laundering Among SEC Exam Priorities

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Cybersecurity. Cryptocurrency. Money laundering. In a recently released report on its examination priorities for 2024, the Securities and Exchange Commission Division of Examination – better known as EXAMS – highlighted several areas it int...

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Court Decisions Further Complicates Crypto Regulation

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The Securities and Exchange Commission has suffered yet another loss on a cryptocurrency issue in court, adding more upheaval to the messy process of building a new regulatory regime from scratch. The latest legal setback came in the form o...

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Regulatory Focus on Crypto Continues as FASB Tentatively Approves New Accounting Standards

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In keeping with U.S. regulators’ efforts to get a grip on cryptocurrency, the Financial Accounting Standards Board last week tentatively approved much-anticipated rules affecting how businesses account for and disclose crypto assets. The ne...

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