accounting

Business

Funding rounds

Real-Time Accounting Platform Integral Raises $8.5M in First Round of Funding

Investors included some notable names from the crypto industry, such as figures from Coinbase, Anchorage and Dapper Labs.

By Margaux Nijkerk

Sponsored

Sep 20, 2022 at 6:41 p.m. UTC

Sep 20, 2022

Funding RoundsWeb3Accounting

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Policy

Sec

SEC's Crypto Guidance Pushes US Banks to Rethink Custody Projects: Report

The regulator suggests that customers' crypto assets should be treated as liabilities by lenders, which could be "prohibitively costly" for banks.

By Sandali Handagama

Sponsored

Sep 16, 2022 at 10:45 a.m. UTC

Sep 16, 2022

SECCustody ServicesU.S.Accounting

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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.

By Nelson Wang

Sponsored

Aug 31, 2022 at 8:54 p.m. UTC

Aug 31, 2022

AccountingPolicyNFTsStablecoinsUS

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Business

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.

By Danny Nelson

Sponsored

Aug 31, 2022 at 5:36 p.m. UTC

Aug 31, 2022

Credit SuisseCustodySECAccountingBanking

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Business

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.

By George Kaloudis

Sponsored

Jul 24, 2022 at 2:50 p.m. UTC

Jul 24, 2022

BitcoinCrypto Long & ShortTeslaAccounting

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Business

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.

By Brandy Betz

Sponsored

Jun 6, 2022 at 4:00 p.m. UTC

Jun 6, 2022

FundingFunding RoundsAccounting

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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

CoinbaseCoinbaseMicroStrategySquareAccountingTax

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