Resolution Nixing SEC Crypto Accounting Guidance Clears House Committee
The House Financial Services Committee on February 29, 2024, advanced a bipartisan measure to eliminate a 2022 SEC staff accounting …
The House Financial Services Committee on February 29, 2024, advanced a bipartisan measure to eliminate a 2022 SEC staff accounting …
To date, only a handful of states have provided guidance specific to the sales and use tax treatment of non-fungible …
The FASB on December 13, 2023, issued its first direct accounting and disclosure standard on crypto assets to provide guidance …
Securities and Exchange Commission (SEC) Chair Gary Gensler once again defended the controversial Staff Accounting Bulletin (SAB) No. 121 on …
Following a public rulemaking hearing on proposed regs implementing digital asset broker provisions of the Infrastructure Investment & Jobs Act, TaxBit’s Vice President of …
Representative Brad Sherman (D-CA) on November 9, 2023, rolled out draft legislation that would expand risk disclosures related to public …
The FASB plans to add a new subtopic number for crypto assets into the intangible assets section of the codification …
Positing who should need to report certain cryptocurrency transactions under a controversial recent addition to the Tax Code, a former …
Some of the nation’s largest crypto businesses, Big Four accounting firms and others, told the FASB that proposed crypto assets …
The SEC on May 15, 2023, urged the Third Circuit to deny Coinbase’s demand for an answer on the exchange’s …