News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
Sanctions enforcement case study: how coordinated US/UK/EU designations and blockchain analytics collapsed a $100B ruble stablecoin, with AML and accounting implications for firms and CFOs
How coordinated US/UK/EU sanctions and blockchain analytics destroyed a ruble-pegged stablecoin, and what compliance teams must do next
Operational AML and accounting-systems framework for banks and CFOs managing stablecoin financial crime risk across three exposure channels
Revolut's USDT delisting under its CySEC-issued MiCA CASP licence signals a firm compliance inflection point for accounting firms and CFOs managing stablecoin exposures in EU and UK portfolios
AML and compliance obligations triggered by the Huione Guarantee marketplace processing over $11 billion in USDT, with implications for transaction screening, SAR filing, and sanctions exposure at regulated firms globally
Huione Group has become the largest illicit online marketplace ever recorded, with its own unregulated stablecoin USDH designed to evade asset freezes. Accounting firms and compliance teams need to understand the transaction volumes, the USDH exposure risk, and the AML obligations this creates.
