News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
UK stablecoin licensing framework finalised: AML, reserve, and accounting obligations for firms and CFOs
The FCA's finalised stablecoin regime and its two-tier architecture create distinct accounting, capital, and compliance obligations for firms issuing or integrating stablecoins in the UK, with MiCA divergence adding a second layer of complexity for cross-border operations.
Standard Chartered becomes the first global bank to offer institutions direct USDC access, raising immediate questions around stablecoin accounting treatment, custody classification, and audit trail requirements.
