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.

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.

The system will include an analysis of up to 20 stablecoins based on the quality of attestations on the reserves backing them.

Tax pros who have begun working on their clients' returns are encountering a slight change in wording at the top of Form 1040.

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.

The deal will combine tax and accounting software aimed at tracking cryptocurrency and other digital assets.

Sam Bankman-Fried offered one of his most detailed descriptions yet of the FTX debacle as he prepares to fight fraud charges.

As CFOs and CAOs are discovering, there's a whole new level of complexity with cryptocurrencies and digital assets beyond volatility.

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.

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.

On many unregulated cryptocurrency exchanges, wash sales may be highly inflating stated volume, according to a recent study.

The collapse of FTX has many asking the old question, "Where were the auditors?"