The Treasury Department and the IRS are giving brokers additional time to comply with requirements to withhold taxes on digital asset sales.

Asset tokenization, the creation of digital ownership representations for diverse assets on blockchain and DLT platforms, is a transformative force in finance.

The American Institute of CPAs is volunteering to provide its assistance in light of its own efforts in the digital assets space.

The Financial Accounting Standards Board published a rule in 2023 requiring companies that hold crypto to report their tokens at fair value.

Under current laws, qualified investors living in the commonwealth are not required to pay local or federal taxes on capital gains, including crypto appreciation.

The legislation blocks a rule that would have forced some cryptocurrency brokers to provide tax information on transactions on their platforms.

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

Elon Musk's X is urging the justices to shield companies from being forced to disclose sensitive user financial data under "suspicionless" subpoenas.

The cryptocurrency industry is on a roll in Washington and it's not just because of President Donald Trump.

The regulatory environment for digital assets will have significant implications for state-level reporting requirements.

President Trump's nominee to lead the commission has yet to be confirmed, but the sweeping changes from his temporary stand-in are starting to pile up.

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.

The agency nixed controversial staff crypto accounting guidance, which interim chief Mark Uyeda described as overstepping the normal procedures.

The American Institute of CPAs is providing a framework to stablecoin issuers for presenting and disclosing information related to the tokens they issue.

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

Decentralized finance companies are breathing a sigh of relief after the Treasury and the Internal Revenue Service gave them a two-year delay on reporting.

President Donald Trump's return is seen as a positive by experts across the cryptocurrency industry. Accountants' predictions for regulations are less rosy.

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

Inside the IRS's recent focus on broker reporting of digital asset transactions and the Form 1099-DA.