Bitcoin
$66,575.40-0.42%
Ethereum
$3,225.21+0.45%
Binance Coin
$604.22+0.27%
Solana
$156.14-1.41%
XRP
$0.54354442-1.73%
Dogecoin
$0.16161127+0.46%
Toncoin
$5.74-4.77%
Cardano
$0.49997065-2.91%
Shiba Inu
$0.00002707+0.86%
Avalanche
$38.90-1.15%
Wrapped Bitcoin
$66,721.91-0.33%
Bitcoin Cash
$505.82-2.49%
PlayIconNav
Crypto Prices CoinDesk 20 Index CoinDesk 20 Index

Accounting

FASB described which crypto assets would be included in a forthcoming accounting rule. (Getty Images)
Policy
Accounting
FASB Crypto Accounting Review Won’t Include NFTs, Certain Stablecoins: Report
The accounting standards body outlined its criteria for crypto assets that would be covered by a forthcoming rule regarding companies and their digital assets.
FASB described which crypto assets would be included in a forthcoming accounting rule. (Getty Images)
By Nelson Wang
Aug 31, 2022 at 8:54 p.m. UTC
Aug 31, 2022
AccountingPolicyNFTsStablecoinsUS
Credit Suisse is the latest banking giant to flirt with crypto. (Cayambe/Wikimedia Commons)
Finance
Credit suisse
Credit Suisse Held $31M in ‘Digital Assets’ for Clients Last Quarter
The Swiss bank disclosed its custody of what are more likely tokenized securities than cryptocurrencies in keeping with SEC accounting guidance.
Credit Suisse is the latest banking giant to flirt with crypto. (Cayambe/Wikimedia Commons)
By Danny Nelson
Aug 31, 2022 at 5:36 p.m. UTC
Aug 31, 2022
Credit SuisseCustodySECAccountingBanking
(Wikimedia Commons)
Finance
Bitcoin
Accounting Rules Make the Outcome of Tesla’s Bitcoin Sale Unclear
After the car maker sold 75% of its bitcoin, Twitter piled on the company for losing money on the sale even though it didn’t.
(Wikimedia Commons)
By George Kaloudis
Jul 24, 2022 at 2:50 p.m. UTC
Jul 24, 2022
BitcoinCrypto Long & ShortTeslaAccounting
Cryptio raises funds to build out crypt accounting platform (designer491/Getty Images/iStockphoto)
Finance
Funding
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.
Cryptio raises funds to build out crypt accounting platform (designer491/Getty Images/iStockphoto)
By Brandy Betz
Jun 6, 2022 at 4:00 p.m. UTC
Jun 6, 2022
FundingFunding RoundsAccounting
Tether symbol (Shutterstock)
Finance
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.
Tether symbol (Shutterstock)
By Jamie Crawley
May 19, 2022 at 2:49 p.m. UTC
May 19, 2022
TetherAccountingStablecoinReserves
(designer491/Getty images)
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.
(designer491/Getty images)
By Stephen Alpher
May 11, 2022 at 5:03 p.m. UTC
May 11, 2022
AccountingBitcoin
(Andrew Harrer/Bloomberg via Getty Images)
Finance
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.
(Andrew Harrer/Bloomberg via Getty Images)
By Kevin Reynolds
Mar 31, 2022 at 4:45 p.m. UTC
Mar 31, 2022
SECAccountingCustodiansCustody
Free public domain CC0 photo.
Consensus Magazine (layer2)
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 accountin...
Free public domain CC0 photo.
By Francine McKenna
Feb 22, 2022 at 2:58 p.m. UTC
Feb 22, 2022
CoinbaseCoinbaseMicroStrategySquareAccountingTaxtax week
(Crissy Jarvis/Unsplash)
Consensus Magazine
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 l...
(Crissy Jarvis/Unsplash)
By Perianne Boring
Feb 7, 2022 at 4:33 p.m. UTC
Feb 7, 2022
OpinionAccounting