News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
FATF publishes DeFi regulatory challenges report: what accounting firms, auditors and CFOs must assess now
FATF signals that DeFi's centralised elements must be regulated as VASPs, raising immediate AML, onboarding, and crypto accounting software obligations for firms advising digital asset clients.
Senior regulators in the UAE, UK, and Hong Kong are publicly committing to AI-driven, real-time supervisory models, replacing periodic reporting with continuous monitoring, and this has direct implications for how accounting firms, auditors, and CFOs must structure their AML/CFT compliance and crypto accounting software strategies.
The accountability-control gap in AI-driven compliance: why CCOs and MLROs face governance exposure before regulators catch up
Chainalysis formalises a two-tier evidentiary ontology for blockchain analytics, giving compliance teams, auditors, and courts a shared vocabulary for data quality accountability
UBS and Nethermind's proofs of concept show that embedding compliance at block-production level, not just in smart contracts, could reshape how regulators and banks treat permissionless blockchains under Basel capital rules.
BVI FSC consultative documents signal upcoming regulatory changes; crypto accounting software will be key for firms to adapt.
