Olga Kharif

Michael Saylor's Strategy and fellow corporate buyers of Bitcoin are being made to recognize the unrealized changes.

To the Internal Revenue Service, Roger Ver symbolizes a new target in the digital age: a crypto holder suspected of failing to pay taxes after selling tokens.

Whenever MicroStrategy implements a new accounting rule, and values its crypto assets at market value at the end of each reporting period, that could trigger a major cash tax obligation.

Roger Ver, an early crypto investor who was sometimes referred to as Bitcoin Jesus, has been charged with mail fraud, tax evasion and filing false returns.

Quarterly results at MicroStrategy Inc. will likely get more volatile under a recently approved accounting rule change that requires valuing the digital asset at market prices.

A bipartisan group of senators is demanding a detailed accounting of the crypto exchange's finances and efforts to maintain regulatory compliance.

The Justice Department, IRS, SEC and CFTC have been probing Binance over the last few years.

The IRS in a separate filing asked a court to compel Kraken to turn over its books and other data.

The accounting firm Mazars Group halted work for Binance and other crypto firms on reports that are meant to demonstrate that the companies hold the necessary reserves.

At a time when many crypto companies have seen their fortunes plummet, one corner of the industry is thriving: auditing.

Portugal is fast becoming a hub of its own, with no taxes on digital-currency gains, affordable living costs and mild temperatures.

The Big Four firm also added carbon offets to make good on its ESG commitments.