Crypto Accounting News & Updates

Practical accounting and tax implications for US accounting firms and CFOs of the seven proposed digital asset tax bills summarised by Forvis Mazars

Senate procedural filing on the CLARITY Act sets up a September cloture vote, keeping stablecoin and market-structure accounting uncertainty alive for another month at minimum

Senate CLARITY Act delay shifts the legislative timeline to mid-September, keeping stablecoin and market-structure accounting in limbo for accounting firms and CFOs

FASB IAC raises stablecoin cash-equivalent classification threshold and disclosure concerns, with direct implications for US GAAP balance sheet treatment and CFO disclosure strategy

FASB PMAC May 2026 recap: stablecoin cash-equivalent classification, wrapped-token disclosure, and four other active standard-setting streams

Senate Banking Committee chair Tim Scott confirms a CLARITY Act floor vote before August recess, with 60-vote threshold and stablecoin licensing disputes still unresolved

Bernstein's legislative risk analysis and the accounting, valuation, and DeFi governance implications for US accounting firms and CFOs if the CLARITY Act stalls

Shrinking Senate window for the CLARITY Act raises immediate accounting and compliance planning questions for CFOs and accounting firms advising digital asset clients

CLARITY Act stall threatens crypto valuations and resets the regulatory playbook for CFOs and accounting firms managing digital asset exposure

FASB chair confirms existing interim-reporting standards largely cover any SEC semiannual shift, while flagging a new stablecoin cash-equivalents project as the bigger standard-setting watch item for CFOs and accounting firms

Banking lobby's renewed push to tighten stablecoin yield language in the CLARITY Act creates material stablecoin accounting and compliance exposure for accounting firms and CFOs ahead of a potential Senate vote before August recess.

US-UK joint stablecoin and tokenization recommendations create cross-border accounting and compliance obligations for firms and CFOs

Transatlantic regulatory alignment on stablecoins and tokenized assets creates immediate compliance, accounting, and audit preparation requirements for accounting firms and CFOs

Banking industry pushback on CLARITY Act stablecoin yield language creates regulatory uncertainty for CFOs and accounting firms managing stablecoin positions

EU officials are considering MiCA 2.0 revisions targeting non-EU stablecoin issuers, driven by the US GENIUS Act, with accounting and CASP compliance implications for firms and CFOs

The GENIUS Act is law but the US crypto market structure bill has missed its self-imposed July 4 deadline, leaving stablecoin accounting frameworks and digital asset reporting obligations without a complete regulatory foundation.

The CLARITY Act faces a narrow July window in the Senate, with unresolved DeFi provisions, ethics concerns, and a presidential veto threat creating real planning uncertainty for firms with US crypto exposure.

Galaxy Digital's downgrade of CLARITY Act passage odds to 50% signals real legislative risk for US digital asset market structure, with Senate floor time the critical bottleneck

The SEC's 60-day public comment period on novel ETF structures signals potential registration and compliance rule changes that accounting firms and fund auditors must monitor closely.