Bitcoin

Prosecutors agreed to dismiss the indictment against Ver, who admitted that he failed to pay all the taxes that he owed to the IRS on the sale of Bitcoin after he renounced his U.S. citizenship.

Whitman Transition Advisors and Truvestments are launching a Bitcoin fund, called Truvestment Bitcoin Legacy Fund, where CPA firm's high-net-worth clients can buy in early.

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

The House of Representatives passed a resolution to repeal the regulations that created reporting requirements for digital asset brokers using decentralized finance systems.

The Trump administration's move will only increase the opportunities in helping manage and audit crypto holdings.

As the digital asset landscape becomes increasingly unpredictable, it's important to encourage clients to diversify their holdings across sectors and types.

Michael Saylor's Strategy will implement new accounting for crypto assets, where changes to the value of its Bitcoin holdings will go on the income statement.

FASB regulations requiring companies to record digital assets at fair value go into effect this year, but earlier adoption is permitted.

If we establish a Bitcoin reserve, the U.S. taxpayer loses and the wealthiest Bitcoin holders win.

The new administration has discussed creating a strategic Bitcoin reserve. What accounting changes would we see as a result?