Cryptocurrency
Cryptocurrency
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Sen. Elizabeth Warren and Ron Wyden want the Public Company Accounting Oversight Board to do more to regulate audits of cryptocurrency companies in the wake of recent high-profile bankruptcies.
January 27 -
The system will include an analysis of up to 20 stablecoins based on the quality of attestations on the reserves backing them.
January 27 -
Tax pros who have begun working on their clients' returns are encountering a slight change in wording at the top of Form 1040.
January 24 -
A chief counsel memo says taxpayers who want to claim tax deductions for donating cryptocurrency need to first receive a "qualified appraisal" if the amount exceeds $5,000.
January 23 -
The deal will combine tax and accounting software aimed at tracking cryptocurrency and other digital assets.
January 17 -
Sam Bankman-Fried offered one of his most detailed descriptions yet of the FTX debacle as he prepares to fight fraud charges.
January 12 -
As CFOs and CAOs are discovering, there's a whole new level of complexity with cryptocurrencies and digital assets beyond volatility.
January 10 -
Gary Harmon told a federal judge that he used his brother's credentials to recreate eight Bitcoin wallets stored on a device in an IRS evidence locker.
January 9 -
U.S. prosecutors charged a French national with defrauding buyers of his "Mutant Ape Planet" non-fungible tokens, alleging he duped investors out of more than $2.9 million in cryptocurrency.
January 6 -
On many unregulated cryptocurrency exchanges, wash sales may be highly inflating stated volume, according to a recent study.
January 4 -
The collapse of FTX has many asking the old question, "Where were the auditors?"
December 30 -
The Internal Revenue Service and the Treasury are giving investment brokers more time to report information on transactions involving digital assets such as cryptocurrency.
December 23 -
The Treasury Department's top official for financial markets and stability expressed little urgency over the federal government's need to prepare for the potential launch of a digital U.S. dollar.
December 22 -
The crypto exchange exec landed in the U.S. to face a range of criminal charges just as two of his long-time associates said they were cooperating with prosecutors.
December 22 -
NFT guide; levels of the IRA; new blog in town; and other highlights from our favorite tax bloggers.
December 20 -
Michael Burry, the investor who foresaw the housing market crash in 2008, is skeptical about today's proof-of-reserve audits.
December 19 -
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.
December 19 -
Gary Harmon was charged after 713 digital tokens, then worth almost $5 million, disappeared from a hardware wallet in an IRS evidence locker as authorities watched helplessly.
December 19 -
Mazars Group has halted all work for crypto clients, dealing a blow to an industry seeking to shore up confidence in the wake of FTX's collapse.
December 16 -
A bipartisan group of senators introduced a bill that would greatly expand regulation and oversight of cryptocurrencies in order to crack down on their use in money laundering.
December 14

















