685 articles
Fidelity's Senate lobbying push on the CLARITY Act and what the regulatory framework means for accounting firms and CFOs managing digital asset portfolios
How diverging IFRS and FASB crypto accounting rules force CFOs and audit teams to overhaul financial-statement processes and internal audit coverage right now
EU adds HTX to Russia sanctions list two months after UK, raising urgent screening and audit obligations for accounting firms and CFOs holding or processing digital assets
The EU's 21st Russia sanctions package directly targets crypto platforms and introduces a third-country ban mechanism, creating urgent compliance obligations for accounting firms, auditors, and CFOs operating in or servicing EU-regulated entities.
Thailand SEC's criminal complaint against Bitkub exposes net liquid capital reporting obligations and the governance risks facing crypto exchanges ahead of any public listing
HMRC refreshes its MTD for Income Tax training hub, adding a software-selection video and updated agent sign-up guidance, with key mandatory rollout dates approaching for accounting firms and their clients.
Congressional recess watch: Reconciliation 2.0, SEC Project Crypto, and an energy credit standoff that is blocking Treasury nominees
EU expands Belarus sanctions to cover all MiCA crypto service providers from 25 August 2026, with immediate implications for CASP ownership screening and AML controls
ASIC secures conviction of a former finance director who dealt with AU$181K in suspected scam proceeds through a crypto deposit firm, highlighting facilitator liability and AML control obligations for accounting firms and CFOs.
FATF's seventh crypto compliance report card reveals an enforcement gap that firms and supervisors must close now
Kazakhstan's Government Resolution No. 638 creates a strategic crypto mining tier that mandates asset transfers to a state reserve, reshaping compliance, accounting, and tax obligations for mining operators and their advisers.
The CLARITY Act ethics enforcement deadlock and its practical implications for accounting firms, CFOs, and digital asset businesses tracking US market structure legislation
Goldman Sachs CEO breaks from Wall Street peers to back the CLARITY Act, signalling a regulatory inflection point that accounting firms and CFOs must plan for now
AML and compliance obligations for banks, accounting firms, and CFOs as regulators clamp down on Bitcoin ATM fraud typologies
Blockchain analytics firm TRM Labs reports HTX systematically rotating on-chain wallets to evade UK sanctions, raising urgent AML obligations for accounting firms and CFOs.
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.
CLARITY Act ethics clause bars federal officials from token issuance until 2029, creating new client-screening and disclosure obligations for accounting firms and CFOs tracking US digital asset legislation
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
Pakistan's FIA launches a dedicated crypto crime unit, signalling a sharper enforcement posture that accounting firms, auditors, and CFOs with Pakistani exposure must factor into AML controls and client onboarding
AMLA chair warns that mass client transfers between CASPs during post-MiCA migration create acute AML windows that compliance officers and CFOs must close now
FMA Liechtenstein Notice 2026-3 clarifies which regulatory authority applies under the CRR for firms operating across the EEA, with direct implications for licensing strategy, capital reporting, and crypto bookkeeping software workflows.
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
FMA Liechtenstein grants a new CASP registration: licensing, AML, and accounting implications for firms and CFOs operating across EEA-adjacent jurisdictions
OFAC enforcement action freezing $131M in Iran-linked wallets: AML, recordkeeping, and due-diligence obligations for accounting firms and CFOs handling digital assets
The BVI's VASP licensing regime and its implications for accounting firms advising clients on offshore digital asset structuring
DOJ crypto enforcement pullback and CZ pardon: accounting and AML implications for US firms and CFOs
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.
FATF's July 2026 PPP report exposes the crypto industry's shallow integration into AML partnerships and signals where compliance obligations are heading for firms and CFOs.
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
White House engagement on the CLARITY Act signals that US digital asset legislation is moving toward a vote, with concrete accounting and compliance implications for firms and CFOs
Pakistan's new crypto AML investigation unit creates immediate compliance, documentation, and client-advisory obligations for accounting firms and CFOs operating in or servicing PK-linked digital asset activity.
Gate Europe CEO Giovanni Cunti says some crypto firms that already hold MiCA licences may still exit the EU market as compliance costs mount. ESMA's register stood at 294 authorised crypto-asset service providers after its latest update.
Parliamentary inquiry into crypto banking access creates compliance and client-advisory obligations for UK accounting firms and CFOs managing digital asset operations.
Protos reports that MetaMask parent Consensys engaged a developer it describes as a suspected North Korean mole, who a security analyst claims had been listed on a public tracking page since September 2025. Consensys says its investigation found no misappropriation of assets or data.
HMRC's July 2026 update to digital platform operator registration guidance: compliance obligations, reporting thresholds, and practical steps for accounting firms and CFOs
South Korea's proposed state asset management framework for digital assets and what it means for accounting firms and CFOs operating in or with KR exposure
UK fraud review recommends mandatory judicial training on crypto laundering and AI scams, raising compliance and evidence standards for accounting firms advising clients in dispute or investigation
FATF's call for accelerated crypto AML enforcement and rising stablecoin misuse signals immediate compliance and audit obligations for accounting firms and CFOs.
Japan's crypto overhaul brings digital assets under mainstream financial regulation, creating immediate AML, KYC, licensing, and accounting obligations for firms operating in or serving the Japanese market.
CSSF issues formal warning against unlicensed operator consulting-mla.com, signalling heightened AML/KYC gatekeeping risk for firms onboarding Luxembourg-facing counterparties
Chainalysis adds automatic token monitoring for the Stable Layer 1 blockchain, expanding AML coverage for stablecoin payment flows via KYT, Reactor, and entity screening.
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.
Reed Smith's Aquarius platform automates MiCA compliance workflows, signalling how legal-tech tools are reshaping regulatory operations for CASPs, accounting firms, and CFOs across the EU and beyond.
Chinese prosecutors propose treating mixer and privacy-coin use as money-laundering indicators, raising AML and crypto-accounting obligations for firms with China exposure
Law enforcement's conditional CLARITY Act endorsements sharpen the DeFi accountability debate ahead of the Senate's August recess, with direct implications for AML program design and crypto accounting software readiness.
White House digital-asset adviser Patrick Witt is taking a leave of absence at the end of July for several months of military training, with deputy director Harry Jung expected to take on his responsibilities. The move comes as the CLARITY Act faces a narrow window to pass the Senate before the Aug. 8 recess.
Regulatory sandboxes for DLT in financial market infrastructure are moving from concept to live pilots across the EU, UK, Switzerland and Australia, with concrete compliance, accounting, and operational implications for firms and CFOs.
