News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
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
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.
The accountability-control gap in AI-driven compliance: why CCOs and MLROs face governance exposure before regulators catch up
Four major financial centres are building robust crypto licensing regimes to attract regulated digital asset activity, with direct implications for accounting firms and compliance teams advising crypto-active clients.
Dubai's VARA has published one of the most detailed crypto regulatory frameworks globally, with direct implications for VASP licensing, AML/CFT obligations, and asset segregation, plus a firm prohibition on privacy coins that accounting firms and compliance teams must absorb immediately.
Regulated crypto firms do not need a novel governance model: the three-lines-of-defense framework from traditional finance already meets what regulators expect globally, and firms that ignore it face personal liability.
Simultaneous £150M UK derivative lawsuit and MiCA EU exit create compounding compliance and counterparty risk signals for firms with Binance exposure
Dubai's VARA hits 50 licensed VASPs, but the operational gap and cross-jurisdictional comparison carry the real compliance and onboarding implications for accounting firms and CFOs serving the UAE market.
A practical explainer for UAE-based accounting firms and finance teams on how global crypto financial reporting standards, including IFRS, FASB ASC 350-60, CARF, and DAC8, apply within the UAE's regulatory context and what steps firms must take to stay compliant.
A practical guide for accounting firms, auditors, and fund administrators on the specific crypto accounting and audit obligations operating in the UAE, and how purpose-built crypto audit software closes the compliance gap.
