Accounting


Finance

Tether Cut Commercial Paper Reserve by 17% in Q1, Accountants Say

The reduction has continued with a further 20% cut since April 1, which will be reflected in the Q2 report, the stablecoin issuer said.

(Shutterstock)

Policy

FASB to Review Accounting Rules for Digital Assets Held on Balance Sheets: Report

A clearer framework for how companies might account for crypto could pave the way greater institutional adoption.

Cryptio levanta fondos para construir una plataforma de contabilidad cripto. (designer491/Getty Images/iStockphoto)

Finance

US Firms Providing Custody Services Should Account for Crypto Assets as Liability, Disclose Risk, SEC Says

The guidance would apply to U.S.-listed exchanges and other firms providing cryptocurrency services and holding digital assets on behalf of clients.

(Andrew Harrer/Bloomberg via Getty Images)

Opinion

Taxes Are a Wild Card for Public Companies Holding Crypto

Investors in MicroStrategy, Tesla, Block and Coinbase need to consider how wild price swings will affect results, not only directly but indirectly due to complex tax accounting rules. This piece is part of CoinDesk's Tax Week

Free public domain CC0 photo.

Opinion

Accounting Standards Are Key to Getting Digital Assets on Corporate Balance Sheets

The Financial Accounting Standards Board says crypto accounting standards are the top priority among its stakeholders. The lack of guidance is harming adoption. But the FASB looks likely to act soon, says the head of the Chamber of Digital Commerce.

(Crissy Jarvis/Unsplash)

Finance

TaxBit Courts Corporate America With Crypto Accounting Software

BlockFi will be the first customer of TaxBit’s new “Corporate Accounting Suite.”

Left to right: TaxBit co-founders Justin and Austin Woodward

Finance

Crypto Tax and Accounting Platform Bitwave Raises $7.25M

Blockchain Capital led the firm's seed round as VC bets on crypto tax plays pick up steam.

Bitwave CEO Pat White

Markets

Tether's Report Card Offers Less Detail Than Rivals'

Our columnist compares how the company behind the leading stablecoin (USDT) attests to its reserves and how its competitors do it.

grooveland-designs-Novmz_Z863M-unsplash

Policy

From Enron to Wirecard: How Blockchain Tech Could Have Helped

If blockchain technology is used within a regulated financial system, Wirecard-esque scandals can be a thing of the past, writes BRD CEO Adam Traidman.

(Shane Aldendorff/Unsplash)

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