accounting

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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.
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CoinDesk - Unknown
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.
CoinDesk - Unknown

CoinDesk - Unknown
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.
CoinDesk - Unknown

CoinDesk - Unknown
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.
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CoinDesk - Unknown
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.
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CoinDesk - Unknown
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.
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CoinDesk - Unknown
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.
CoinDesk - Unknown

CoinDesk - Unknown
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.
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CoinDesk - Unknown
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.
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CoinDesk - Unknown
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
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