News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
An ISD study reveals Russian-linked networks are paying USDT to recruit young people across Europe for violence and sabotage, raising urgent AML and sanctions compliance obligations for crypto firms and their advisers.
The Senate cloture vote's collapse means agency rulemaking replaces legislative clarity, and the Bank Secrecy Act's accountability standard now applies directly to AI-driven compliance agents.
Deutsche Bank's imminent crypto custody launch reshapes institutional digital asset infrastructure in the EU and raises immediate accounting, AML, and operational questions for CFOs and accounting firms.
Chainalysis extends KYT, Reactor, and entity screening to Circle's Arc Layer 1, with automatic coverage for every ERC-20 and ERC-721 token minted on the network, raising the bar for AML workflows and crypto accounting software obligations on stablecoin-native chains.
A DOJ asset-forfeiture filing reveals an Al-Qassam Brigades donor letter steering crypto transfers away from Binance toward other wallets and exchanges via USDT on TRON, with direct AML and accounting implications for B2B practitioners.
Breaking regulatory alert: FCA publishes final authorization guidance ahead of the 30 September application window, with hard deadlines firms cannot afford to miss.
Breaking: House committee clears sweeping crypto tax bill covering stablecoins, staking, DeFi lending, and a $10 de minimis fee exemption, with direct accounting and reporting implications for US firms and individual filers.
Two Robinhood engineers face federal wire and commodities fraud charges after allegedly using confidential crypto listing data to trade perpetual futures on Hyperliquid, raising urgent internal-controls questions for accounting firms and CFOs.
Bipartisan committee vote moves US crypto tax legislation toward the full House, with real but deferred risk for accounting firms and digital asset CFOs.
The House Ways and Means Committee voted 38-5 to advance the Digital Asset Tax Certainty Act alongside two other tax bills, introducing mark-to-market accounting, wash-sale rules, and a voluntary disclosure program for digital assets — with stablecoin accounting implications at the centre.
Bernstein forecasts aggressive SEC and CFTC rulemaking after CLARITY Act's Senate failure, with direct consequences for DeFi accounting and digital asset classification.
Clarity Act Senate failure shifts crypto rulemaking to the SEC and CFTC, keeps stablecoin idle-balance rewards alive for now, and creates urgent accounting and compliance deadlines ahead of the GENIUS Act's January 2027 effective date.
TRM Labs' 25-year retrospective shows how terrorist financing has migrated from hawala and cash to USDT on TRON, and why on-chain transparency now favors investigators — with direct AML compliance and crypto accounting software implications for firms and CFOs.
The Clarity Act's Senate defeat leaves crypto market structure dependent on reversible agency rules, with direct implications for stablecoin accounting, disclosure, and 2027 compliance planning.
Senate cloture failure on the CLARITY Act triggers a broad crypto equity selloff and extends US regulatory uncertainty, with direct implications for digital asset accounting, audit disclosures, and compliance planning.
OFAC's Xinbi sanctions and coordinated USDT freeze signal a new phase of stablecoin-based AML enforcement, with concurrent regulatory moves in Singapore and Thailand compounding compliance obligations for crypto firms globally.
Industrial-scale blockchain spam, its chain-by-chain mechanics, and the direct impact on sanctions screening alert quality and crypto accounting data integrity for compliance professionals and accounting firms.
Blockchain analytics firm TRM Labs exposes a coordinated YouTube scam using AI branding to trick victims into self-deploying wallet-draining smart contracts, with accounting and AML implications for firms handling digital asset clients.
DOJ's $61M USDT forfeiture action against an alleged Iran oil sanctions scheme and what it means for crypto accounting software controls, AML obligations, and sanctions compliance at US firms.
The Digital Asset Market Clarity Act falls short of the 60-vote threshold in a 49-50 Senate result, leaving US crypto market structure law in limbo and pushing regulatory authority back to the SEC and CFTC.
The Clarity Act's procedural Senate vote fell short on 15 September 2026, blocked by Democratic opposition tied to Trump's crypto wealth, leaving stablecoin and digital asset accounting frameworks in limbo ahead of midterm elections.
Senate CLARITY Act cloture failure shifts regulatory burden to SEC/CFTC rulemaking, with direct implications for B2B crypto accounting software and compliance planning
Analysts frame the 49-50 cloture failure as a timeline shift, not a structural break, but the market sell-off and lingering regulatory uncertainty carry real implications for digital asset accounting and reporting.
Breaking down the September 15 2026 legislative and regulatory moves that directly affect crypto tax reporting and partnership audit exposure for US accounting firms and CFOs
