News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
MAS adds Hyperliquid to Singapore's Investor Alert List, flagging it as an unlicensed entity and raising due-diligence obligations for accounting firms and CFOs with client exposure.
Singapore's MAS transitional regulations for payment services create compliance obligations for crypto firms, requiring robust accounting and reporting systems.
The sentencing of a Singapore accountant for submitting fake documents to IRAS underscores the critical need for crypto accounting firms to implement rigorous compliance and audit software to avoid severe penalties.
The revocation of Bsquared's licence by MAS underscores the critical need for robust crypto accounting software to ensure compliance and avoid enforcement actions.
