Digital currencies

The American Institute of CPAs updated the criteria for stablecoin reporting amid heightened focus on stablecoin oversight.

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

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

The White House has vetoed a bill that would have repealed a measure requiring custodians of crypto assets to count them as liabilities on their balance sheets.

Experts believe this guidance will spur more institutions to embrace digital assets, as the rules for proper accounting are more clear-cut.

Gaming finance represents a radical departure from conventional gaming models. It's a concept that doesn't just entertain players; it empowers them economically.

The service issued preliminary guidance and intends to issue more detailed guidance soon on the tax treatment of nonfungible tokens.

Crypto seems a bit cryptic to many accountants, but it doesn't have to be.

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

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

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

A recent study on the various projects undertaken by central banks around the world has found that the most commonly named motivation is preserving their role in monetary provision.

A recent study has found a correlation between tax scrutiny of digital assets and the use of tax loss harvesting as a compensating measure.

The GAO recommended that the Treasury Department's Financial Crimes Enforcement Network and the IRS should review registration requirements for the machines.

The interbank transfer network has confirmed through experiments that its infrastructure can also move digital tokens, such as a Central Bank Digital Currency.

A report from the U.S. Treasury Department didn't say the U.S. should adopt a digital currency, but did recommend it start laying the groundwork in case it ever decides to do so.

In response to a rapidly changing digital asset landscape, the department outlined seven priority action items to curtail related financial crimes.

Crypto companies that have been trying to go public since last year’s boom remain stuck in a lengthy back-and-forth with U.S. regulators, adding to the pile of challenges facing the industry.

Financial Accounting Standards Board chair Richard Jones said stakeholders have urged the board to start a project on digital assets, which they believe to be a 'top priority.'

March saw the release of an OECD framework and a Biden executive order that set the tone for digital assets.