It is now well-accepted that blockchain is an accounting technology that can significantly reduce the time needed for recording, reconciliation and reporting in almost any industry.

DeJoy, Knauf & Blood launches cannabis practice while EisnerAmper expands its own; FASB appoints two to small-business committee; and more CPA news.

The participation of accounting firms in the cryptocurrency market is a step toward legitimizing the intangible asset.

The widow of Quadriga Fintech Solutions Corp. founder Gerry Cotten spent C$300,000 ($225,000) to help the shuttered cryptocurrency exchange secure court-approved protection from creditors, keeping clients owed millions at bay. Now she’s looking to be repaid.

The release follows a slew of large firms opening cryptocurrency and blockchain services for clients.

Accounting professionals need to keep developing and maintaining robust internal controls around cryptoassets.

Blockchain and cryptocurrencies are going to play a major role in the economy and the accounting profession.

Following in the steps of other Top 100 Firms, Armanino has opened a blockchain practice, through which it will offer a range of specialized services to clients.

Quadriga CX's dilemma is just the latest cautionary tale in the unregulated world of cryptocurrencies.

In a series of tweets, the businessman announced he has not filed a tax return for eight years, calling taxation “theft” and “illegal.”

Big W-4 questions; new GOP plan; tax-related stocking stuffers; and other highlights from our favorite tax bloggers.

And other news from Priority Software, Vertex and XIXOIO

Reform and job creation; Ohio takes bitcoin; getting everyone to agree; and other highlights from our favorite tax bloggers.

The Buckeye State will be the first to allow companies to use Bitcoin to pay their taxes.

Clients need to pay attention to the tax ramifications of their cryto holdings.

The aim is to accelerate blockchain-related policy development and issues around implementing blockchain at the enterprise level.

The cryptocurrency is pegged to a fiat currency like the U.S. dollar or to assets like gold.

As blockchain-based technology makes waves in every sector of the business world, accounting professionals should be prepared to answer client questions

The firm will lend its expertise in governance, security, risk management and controls to Cred’s understanding of the movement of digital currency.

House Ways and Means Committee Chairman Kevin Brady, R-Texas, and other Republicans on his committee have sent a letter to the Internal Revenue Service asking for more detailed guidance for taxpayers about virtual currencies such as Bitcoin and Ethereum.