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Accounting
Crypto Accounting Platform Cryptio Raises $15M in Series A Extension
Existing investor Alven led the round and featured participation from new backers 1kx and Ledger Cathay Capital.
Crypto's U.S. Banking Problem Likely Among the First Things Tackled Under Trump
From the debanking crisis to the SEC's crypto accounting standards, the blockade between the digital assets sector and banks may be an easy target.
Crypto Custody Firm Fireblocks Adds ‘One-Click’ Audits, Tax Reporting
Software from Web3 accounting company Tres works with a wide range of digital asset networks, and can be integrated with accounting software such as QuickBooks, Xero and NetSuite.
Wall Street Asks Biden Not to Veto Congress' Rejection of SEC Crypto Policy
Lobbying groups for the U.S. banks sent President Joe Biden a letter asking him to change his mind on his threat to veto the congressional effort to overturn SAB 121. Members of Congress did, too.
Does the SAB 121 Vote Mean Anything for Future Crypto Legislation?
An encouraging sign of bipartisan agreement over sane digital asset rules is also business as usual.
Will Biden Get the Final Say Over a Controversial Crypto Accounting Rule?
Critics of SAB 121, introduced in March 2022, have called the rule “obscure,” a “diktat” and a “pernicious weed.”
House Votes to Erase SEC Crypto Policy While President Biden Vows Veto
The House of Representatives voted in favor of a resolution to oppose the SEC's crypto accounting policy, Staff Accounting Bulletin No. 121, as President Biden defends it.
U.S. Lawmakers Seek to Overturn SEC's Crypto Accounting Policy
Sen. Lummis and members of the House are pushing to repeal the SEC's Staff Accounting Bulletin 121, an effort that makes it harder for companies to custody crypto.
Crypto Accounting and Tax Reporting Platform TRES Raises $11M to Add New Blockchains
TRES currently services clients with combined assets worth $19 billion, helping them manage, monitor and reconcile their digital asset activity across more than 100 layer-1 and layer 2-blockchain networks.
FASB Confirms 'Fair Value' Approach for Corporate Crypto Holdings
The new rules by the U.S. accounting standards setter would go into effect in December 2024.
