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Tag: cryptocurrency

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FBI Warns of Explosion in Crypto Fraud

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Ever since cryptocurrency was introduced to the masses, its supporters have fought against the perception that it is nothing more than a mode of exchange for shady pursuits. A new report from federal law enforcement authorities won’t help t...

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Doubts Surface About SEC’s Candidness on Ethereum

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Back in April 2023, Securities and Exchange Commission chair Gary Gensler raised a ruckus by refusing at a congressional hearing to offer an opinion on whether Ethereum, a popular cryptocurrency, is a security. But was Gensler playing coy?...

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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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