Crypto Accounting News & Updates

Coinmetro's Estonian insolvency filing shows how unresolved third-party provider failures and MiCA deadline pressure can combine to force a reorganisation, with direct lessons for accounting firms auditing EU-licensed CASPs.

ASIC's Federal Court-ordered receiver appointment over Cotton and First Mutual exposes asset-tracing and investor-fund-protection obligations for accounting firms and auditors advising clients in similar structures

Dutch prosecutors escalate action against crypto exchange Knaken from asset freeze to formal bankruptcy petition, signalling heightened EU enforcement risk for CASPs and their advisers

ASIC's $10.3M penalty against Mercer Super for systemic failures in the reportable situations regime signals escalating enforcement expectations for all Australian financial services licensees

AMF sanctions Bourse Direct and its CEO for transaction reporting failures and inadequate market abuse surveillance, totalling €850,000, with direct lessons for investment services compliance programmes across the EU

FINMA revokes a Swiss fund manager's licence and blocks a portfolio manager's authorisation after uncovering undisclosed conflicts of interest and client suitability failures, confiscating over CHF 3 million in illegal commissions

CSSF warning highlights the need for proper due diligence and reliable crypto accounting software to vet counterparties.

CSSF warning highlights need for due diligence when selecting crypto accounting software vendors.

The JaredfromSubway hack highlights the need for robust ethereum accounting and defi accounting practices to detect and report suspicious MEV activities.

The Coinex sanctions allegations highlight the critical need for robust crypto accounting for accountants to ensure compliance with international sanctions.

The Kraen-Powertrade lawsuit highlights the critical need for robust crypto fund accounting software to prevent misappropriation claims and ensure audit readiness.

The MFSA warning highlights the importance of using crypto accounting software to verify counterparty licenses and avoid unregulated entities.

The Supreme Court ruling on IRS time limits for preparer fraud increases compliance risk for crypto accounting firms, making robust crypto accounting software essential for audit trails and accuracy.

OFAC sanctions highlight the need for crypto accounting software with built-in sanctions screening and compliance reporting for accounting firms servicing crypto clients.

A clone firm warning from the MFSA underscores why accounting firms need robust crypto accounting software to verify counterparties and maintain compliance.

The MFSA warning about an OKX clone underscores the importance of MiCA compliance crypto requirements for firms to verify authorized entities and avoid fraud.

Brazil's rising crypto crime rates underscore the need for robust crypto accounting software to ensure compliance and audit readiness.

The EBA's annual assessment of banks' crypto exposure underscores the urgency for financial institutions to adopt dedicated crypto accounting software for accurate reporting and compliance.

CSSF identity theft warning highlights the need for robust internal controls and crypto fund accounting software to prevent fraud.

Brazil's crypto crime evolution underscores the need for robust crypto accounting software to detect illicit activity and maintain audit readiness.

Brazil's rising crypto crime highlights the need for robust crypto accounting software to ensure compliance and audit readiness.

The AFM's SREP Market Picture 2025 emphasizes that effective control execution, not just policy creation, is critical for crypto firms, and crypto accounting software is key to bridging that gap.

CSSF warning on MEXC underscores the need for robust crypto accounting software to ensure compliance and audit readiness.

Approval phishing is a growing threat that crypto accounting software can help detect through anomaly tracking and reconciliation.