News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
OFAC adds four Iran Central Bank crypto addresses; Tether freezes $131M in stablecoins, signalling new enforcement playbook for compliance teams and CFOs
OFAC sanctions DPRK IT-worker facilitator: AML, KYC and vendor-screening duties for accounting firms and CFOs
AML and compliance officers at US credit unions face four concrete crypto exposure channels they must map, monitor and document now, with NCUA guidance making visibility a regulatory baseline
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
US-UK FRWG 13th meeting signals coordinated stablecoin and tokenization policy, with GENIUS Act implementation front and centre for accounting firms and CFOs
Circle's New York trust charter signals a new compliance baseline for accounting firms and CFOs holding or servicing USDC
BDO frames AML and sanctions best practices for firms with digital asset exposure, with SEC and DOJ enforcement intensifying in 2026
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
OFAC freezes $131M in stablecoins tied to Iran's central bank, raising urgent sanctions-screening and digital asset accounting obligations for US-nexus firms and CFOs
Circle's federal banking charter approval reshapes stablecoin regulatory status and triggers immediate compliance, accounting, and counterparty-risk reviews for US accounting firms and CFOs.
Circle's refusal to burn and reissue stolen USDC raises stablecoin AML governance and crypto accounting software questions for compliance teams and CFOs
Digital asset risk under BSA/AML regimes does not require a new framework, but it does require rethinking the underlying data environment and compliance tooling
Three simultaneous regulatory moves, NYDFS-EBA stablecoin MOU, Hong Kong VATP and advisory licensing, and CFTC perpetual futures approvals, are reshaping the cross-border compliance obligations of stablecoin issuers, VASPs, and digital asset firms in 2026.
Five on-chain financial crime typologies compliance teams at banks, fintechs, and custodians must embed in their AML/CFT frameworks now
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
A five-stage blockchain risk maturity framework helps financial institutions benchmark AML/CFT readiness and build toward strategic digital asset capability
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.
The FBI's action against Huione Group, the largest illicit crypto marketplace ever recorded, signals a new baseline for AML due diligence and stablecoin transaction screening at regulated firms.
