News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
US DOJ seizes over $25M in crypto from investment and romance scam networks: AML, recordkeeping, and client-screening implications for accounting firms and CFOs
TRM Labs alleges HTX is systematically rotating wallets to evade blockchain screening, raising urgent AML control and counterparty-risk questions for accounting firms, auditors, and CFOs with any exposure to the exchange.
SEC pays $150K to settle Coinbase records lawsuit, signalling how regulator conduct during enforcement drives litigation risk and record-keeping obligations for crypto firms and their advisers
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
OFAC enforcement action freezing $131M in Iran-linked wallets: AML, recordkeeping, and due-diligence obligations for accounting firms and CFOs handling digital assets
ASIC's AUD 1M+ penalty on NAB's WealthHub for reporting failures is a live warning for every financial services firm on the cost of deficient compliance infrastructure
FATF's call for accelerated crypto AML enforcement and rising stablecoin misuse signals immediate compliance and audit obligations for accounting firms and CFOs.
Stablecoin governance reversal causes $23M depeg: accounting, audit, and counterparty risk implications for firms and CFOs
CSSF issues formal warning against unlicensed operator consulting-mla.com, signalling heightened AML/KYC gatekeeping risk for firms onboarding Luxembourg-facing counterparties
EU, US, and UK sanctions against Trickbot/Conti administrator 'Stern' and ransomware enablers trigger OFAC screening, wallet-tagging, and AML obligations for accounting firms, auditors, and CFOs.
Bank of Thailand flags abnormal stablecoin flows tied to grey-economy activity, raising urgent AML and recordkeeping obligations for accounting firms and CFOs with Thai exposure
MFSA settles with Everest Network Ltd for VFA shareholding and reporting failures, imposing a €40,560 penalty — a concrete compliance benchmark for crypto accounting and legal teams across the EU.
A federal court's Daubert ruling validating blockchain analytics as admissible expert evidence raises the bar for forensic-grade data standards that accounting firms and CFOs must understand.
ASIC's cancellation of CAIP Services' AFS licence for ceasing business is a compliance and licensing wake-up call for Australian firms active in digital asset financial services.
ESMA's common supervisory action on CASP custody resilience raises the compliance bar well beyond MiCA licensing for EU crypto firms and their auditors
DOJ moving to drop charges against BitClub's alleged $722M mastermind raises serious questions about US crypto enforcement consistency, audit trails, and client-facing compliance obligations for accounting firms and CFOs.
Enforcement and compliance implications for accounting firms and CFOs serving French-resident crypto clients whose assets may be stranded on Bitget
Interpol's $123M romance-scam bust shows why transaction monitoring in crypto accounting software is now a front-line AML control
Circle's refusal to burn and reissue stolen USDC raises stablecoin AML governance and crypto accounting software questions for compliance teams and CFOs
FINMA's new Guidance on product use in individual portfolio management flags rising escalation cases and recurring risk patterns, with direct implications for Swiss asset managers, auditors, and CFOs tracking governance and conduct obligations.
Binance's failed MiCA application in Greece and its active pursuit of fresh EU and Asia-Pacific licenses signals a regulatory inflection point that accounting firms, auditors, and CFOs serving crypto-active clients must track closely.
CFTC charges North Carolina commodity pool operator with $14M crypto and futures fraud, signalling tougher scrutiny of unregistered pools mixing digital assets with traditional derivatives.
Tax enforcement gap in India and Israel exposes serious crypto accounting and compliance risks for firms serving clients in both jurisdictions
