Cryptocurrency
Cryptocurrency
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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 -
A proof of reserves report, based on a snapshot review by Mazars, showed the exchange having sufficient crypto assets to balance its total platform liabilities, but acknowledged limitations.
December 14 -
Andreas Barckow explained in a recent speech why the board does not have a cryptocurrency standard project at the moment.
December 13 -
Changing the dates; forms and functions; under development; and other highlights from our favorite tax bloggers.
December 13 -
Traders move to take custody of their tokens despite a proof of reserves audit amid revelations that rival FTX may have misused customer funds.
December 13 -
The arrest followed weeks of speculation about the possible misuse of client funds.
December 13 -
Unlike stocks, digital currencies aren't hit by the wash-sale rule — a major opportunity to turn lemons into lemonade.
December 13