News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
Banking industry pushback on CLARITY Act stablecoin yield language creates regulatory uncertainty for CFOs and accounting firms managing stablecoin positions
Circle's federal banking charter approval reshapes stablecoin regulatory status and triggers immediate compliance, accounting, and counterparty-risk reviews for US accounting firms and CFOs.
Circle's refusal to burn and reissue stolen USDC raises stablecoin AML governance and crypto accounting software questions for compliance teams and CFOs
Sony Bank's OCC no-objection letter opens a new chapter for bank-issued dollar stablecoins and forces accounting firms and CFOs to revisit stablecoin accounting classification, reserve audit requirements, and payment-rail risk.
EU officials are considering MiCA 2.0 revisions targeting non-EU stablecoin issuers, driven by the US GENIUS Act, with accounting and CASP compliance implications for firms and CFOs
Multi-jurisdiction Asia regulatory sweep: RBI ring-fences banks from crypto, Russia's digital ruble targets September, Dubai leads VASP licensing, Taiwan passes crypto law, and Kazakhstan bets on blockchain infrastructure
Multi-jurisdiction regulatory sweep across Asia and the Gulf: licensing expansions, new crypto laws, CBDC launches, and OFAC sanctions with direct accounting and compliance implications for firms serving these markets
The GENIUS Act is law but the US crypto market structure bill has missed its self-imposed July 4 deadline, leaving stablecoin accounting frameworks and digital asset reporting obligations without a complete regulatory foundation.
Digital asset risk under BSA/AML regimes does not require a new framework, but it does require rethinking the underlying data environment and compliance tooling
Three simultaneous regulatory moves, NYDFS-EBA stablecoin MOU, Hong Kong VATP and advisory licensing, and CFTC perpetual futures approvals, are reshaping the cross-border compliance obligations of stablecoin issuers, VASPs, and digital asset firms in 2026.
The OUSD consortium model redistributes stablecoin reserve yield across 140+ partners, threatening Circle's USDC revenue base and forcing accounting firms to reassess stablecoin reserve economics in client portfolios.
Five on-chain financial crime typologies compliance teams at banks, fintechs, and custodians must embed in their AML/CFT frameworks now
AML and compliance obligations triggered by the Huione Guarantee marketplace processing over $11 billion in USDT, with implications for transaction screening, SAR filing, and sanctions exposure at regulated firms globally
A five-stage blockchain risk maturity framework helps financial institutions benchmark AML/CFT readiness and build toward strategic digital asset capability
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.
Galaxy Digital's downgrade of CLARITY Act passage odds to 50% signals real legislative risk for US digital asset market structure, with Senate floor time the critical bottleneck
The SEC's 60-day public comment period on novel ETF structures signals potential registration and compliance rule changes that accounting firms and fund auditors must monitor closely.
Huione Group has become the largest illicit online marketplace ever recorded, with its own unregulated stablecoin USDH designed to evade asset freezes. Accounting firms and compliance teams need to understand the transaction volumes, the USDH exposure risk, and the AML obligations this creates.
The FBI's action against Huione Group, the largest illicit crypto marketplace ever recorded, signals a new baseline for AML due diligence and stablecoin transaction screening at regulated firms.
Two underreported developments show how tokenized deposits and stablecoins are converging into a practical interoperability layer, with direct implications for corporate treasury, bank liquidity, and compliance infrastructure.
