accounting

Business

Tether

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.

By Jamie Crawley

Sponsored

May 19, 2022 at 2:49 p.m. UTC

May 19, 2022

TetherAccountingStablecoinReserves

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Policy

Accounting

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.

By Stephen Alpher

Sponsored

May 11, 2022 at 5:03 p.m. UTC

May 11, 2022

AccountingBitcoin

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Business

Sec

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.

By Kevin Reynolds

Sponsored

Mar 31, 2022 at 4:45 p.m. UTC

Mar 31, 2022

SECAccountingCustodiansCustody

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Tax Week

Coinbase

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

By Francine McKenna

Sponsored

Feb 22, 2022 at 2:58 p.m. UTC

Feb 22, 2022

CoinbaseCoinbaseMicroStrategySquareAccountingTaxtax week

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Layer 2

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.

By Perianne Boring

Sponsored

Feb 7, 2022 at 4:33 p.m. UTC

Feb 7, 2022

OpinionAccounting

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Podcasts

The breakdown

The Innovation at the Heart of the Global Crypto Transformation

Welcome to the third era of accounting.

By Nathaniel Whittemore

Sponsored

Dec 5, 2021 at 2:00 p.m. UTC

Dec 5, 2021

The BreakdownPodcastsAccountingFuture of Money

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Business

Tax

TaxBit Courts Corporate America With Crypto Accounting Software

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

By Danny Nelson

Sponsored

Oct 25, 2021 at 9:32 p.m. UTC

Oct 25, 2021

TaxAccounting

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Business

Accounting

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.

By Cheyenne Ligon

Sponsored

Aug 12, 2021 at 4:00 p.m. UTC

Aug 12, 2021

AccountingtaxesBlockchain CapitalBitwave

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Markets

Accounting

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.

By JP Koning

Sponsored

Apr 19, 2021 at 6:12 p.m. UTC

Apr 19, 2021

AccountingTetherOpinionStablecoin

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Policy

Blockchain

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.

By Adam Traidman

Sponsored

Jul 25, 2020 at 1:00 p.m. UTC

Jul 25, 2020

BlockchainAuditsAccountingOpinion

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