The closure of crypto-friendly Silvergate Capital and seizure of Signature Bank have left crypto firms struggling to find new banks for depository and payment services.

The service issued preliminary guidance and intends to issue more detailed guidance soon on the tax treatment of nonfungible tokens.

Plus, Taxaroo touts AI tax advice solution as ChatGPT for Taxes; Paystand rolls out new AR and AP tools; and NetSuite saunches NetSuite MyLearn.

The board warned investors to exercise caution when it comes to the so-called "proof of reserve" reports that some cryptocurrency companies have been touting.

Crypto seems a bit cryptic to many accountants, but it doesn't have to be.

Plus, Ledgible releases report on crypto accounting challenges; AICPA propose FAQ for IRS on crypto; and other news from the accounting technology arena.

The Superior Court rejected a motion by Michael Saylor to dismiss a lawsuit that he failed to pay income taxes despite living in the district for more than a decade.

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

Silvergate's auditor, Crowe, has received multiple letters from short sellers making allegations about Silvergate's handling of customer funds.

Crypto miners and staking-service providers may learn in the days if they have to report information on their clients' transactions.

Short answers; corralling crypto; new blog in town; and other highlights from our favorite tax bloggers.

Investors are finding that the limited "proof of reserves" audits touted by some crypto companies don't provide much reassurance.

Plus, Forvis launches claims denial management solution; Neo.tax rolls out 2023 update; and other news from the accounting technology arena.

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.

Binance, the world's largest digital-asset exchange, is hearing calls for more transparency following the collapse of rival FTX.

CoinTracker Connect connects users with cryptocurrency experts to help file their taxes.

The board's cryptocurrency project has undergone several refinements over the course of several meetings within the past year.

Brett Harrison led the crypto exchange's American arm, but insists he didn't have a clue that it allegedly gambled away customers' funds

A former deputy governor of the Bank of Canada says that there are inherent governance challenges that come with the cryptocurrency sector that must be addressed.