Legislating bitcoin purchases by the U.S. government might be exciting, but technical blockchain improvements remain essential for wider adoption. Even as industry CEOs and U.S. legislators gather in ...
Blockchain technology and digital assets are transforming how we operate as a society, interact with money and approach governance. This ecosystem has grown exponentially—from the advent of digital ...
A nonauthoritative guide aids accountants with discussions about digital assets, general ledger account management, establishing internal controls, and complying with anticipated regulatory changes ...
A group at the forefront of advocacy for the digital assets industry released a report on Tuesday outlining policy objectives for supporting the blockchain industry. The Digital Chamber's "U.S.
In recent years, digital assets have started to mature, evidenced by increased global adoption by both retail and institutional investors. The term 'digital assets' encompasses a broad range of ...
May 19, 2023 - In 2022, the Uniform Law Commission adopted new amendments to the model Uniform Commercial Code ("UCC") to address cryptocurrency transactions, including secured lending involving ...
The financial services industry is approaching a Kodak moment. A wholly new business model for investment products, assets, transactions and asset servicing is emerging. Just like the digital ...
A plethora of digital asset treasury companies have recently come to market, looking to not only hold crypto as a treasury asset but also raise the capital to do so. Furthermore, such companies are no ...
Section 115BBH imposes a 30% tax on gains from virtual digital assets, with no set-off of losses. Investors must compute and report VDA income ...
Nik Fahrer, CPA, opened his session on digital assets at the AICPA National Tax Conference with five polling statements, including this one: “You really dislike the complexity of working with clients ...
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