Accounting
Cryptio Raises $10M to Make Crypto Accounting Easier
The company's back-office product helps collect fragmented on-chain data for accounting and tax reporting purposes.
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.
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.
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.
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
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.
TaxBit Courts Corporate America With Crypto Accounting Software
BlockFi will be the first customer of TaxBit’s new “Corporate Accounting Suite.”
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.
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.
