The Government Accountability Office called for Congress to pass blockchain regulation legislation to shore up the federal regulatory apparatus.

Sales of non-fungible tokens are taking place across jurisdictions, both state and national, and tax authorities are starting to take notice.

Accountants are helping clients stay abreast of the latest accounting, tax and regulatory issues around cryptoassets.

The legislation would make clear when and how crypto firms should register with the SEC or the CFTC, which would gain new powers to directly oversee some trading.

Cryptocurrency fraud losses nearly doubled last year in this country, a marked contrast with the rest of the world, where they actually fell by around half.

A bipartisan duo, Sens. Cynthia Lummis and Kirsten Gillibrand, unveiled their latest effort to regulate the cryptocurrency industry.

Leaders of the Finance Committee are seeking input on how to adjust the rules for digital assets.

The ruling comes amid a deepening U.S. crackdown on cryptocurrency.

Plus, Corvee announces release of "Instead" and "Instead Pro" for R&D credits; Salesforce launches SASB Report Builder; and other accounting technology news.

A recent study has found that only a minority of the profession has an active interest in cryptocurrencies like Bitcoin.