News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
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.
CFTC modernisation push by Phantom and Hyperliquid creates new compliance and DeFi accounting questions for accounting firms and CFOs
The European Commission's MiCA review consultation opens every major pillar of the framework to potential amendment, creating near-term uncertainty and compliance planning obligations for accounting firms, auditors, and CFOs with EU digital asset exposure.
A key law enforcement bloc has dropped its opposition to the CLARITY Act, narrowing one political obstacle to US crypto market structure legislation with direct implications for DeFi liability and AML compliance frameworks.
The CLARITY Act faces a narrow July window in the Senate, with unresolved DeFi provisions, ethics concerns, and a presidential veto threat creating real planning uncertainty for firms with US crypto exposure.
EU lawmakers have called for a formal regulatory assessment covering DeFi, staking, and NFTs, signalling that MiCA is not the end of the EU crypto rulemaking cycle and that compliance and reporting frameworks for these asset areas remain unfinished.
