2023-12-13 21:15 |
The Financial Accounting Standards Board's new standards for crypto asset accounting may significantly boost Bitcoin's adoption in the corporate sector
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USDT has seen a significant surge in adoption in Brazil, accounting for 80% of all cryptocurrency transactions in the country so far in 2023.
2023-10-30 21:42 | |
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Cryptocurrency adoption in Latin America is on the rise, accounting for 9. 1% of the global crypto value received in 2022 and totaling $562 billion from July 2021 to June 2022. This massive surge can be partially attributed to regulatory developments and institutional adoption.
2023-9-15 10:37 | |
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The introduction of blockchain technology has brought various opportunities and innovations in the decentralized space. Along with these positive outcomes, the adoption of crypto tax has taken the bloThe post Ledgible catalyzing TradFi adoption with its crypto taxation and accounting tools appeared first on AMBCrypto.
2023-2-10 16:30 | |
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Another step has been taken on the path to use fair-value accounting for the reporting of crypto assets in the United States.
2022-10-14 05:50 | |
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A clearer framework for how companies might account for crypto might pave the way greater adoption.
2022-5-11 20:03 | |
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The past few weeks have been interesting for blockchain platforms, many of them seeing greater adoption beyond just cryptocurrency development. This week, Polygon secured a monumental partnership with one of the “Big Four” accounting firms to improve transaction efficiency.
2021-9-14 18:07 | |
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Satoshi Nakamoto’s original plan of revolutionizing the financial landscape is gradually coming to the fore. According to a report by one of the Big Four accounting firm Deloitte, more businesses and professionals are open to the idea of digital assets playing a role in their operations in the future.
2021-8-24 22:44 | |
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Launched less than seven months back, Binance Mining Pool is currently the 4th largest one with a hash rate share of 11.36% after Antpool, Poolin, and F2Pool. The leading spot cryptocurrency exchange Binance launched its own mining pool in April this year, which at the time was the 11th largest one, accounting for less than […] The post Binance’s Mining Pool Becomes 4th Largest One Amidst 'More Adoption & Institutional Participation' first appeared on BitcoinExchangeGuide.
2020-11-14 17:35 | |
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The VeChain Foundation has partnered with Grant Thornton Cyprus, an accounting firm, opening the door to “thousands” of adoption opportunities. VeChain uses its blockchain mainly to provide RFID (Radio Frequency Identification).
2020-8-19 11:56 | |
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Ever since 2017, hackers have stolen over $9.8 billion in digital assets due to poorly written code or lax security, according to a KPMG report from Monday. Furthermore, the accounting firm added that the adoption of cryptocurrencies like Bitcoin (BTC) and Ether (ETH) by institutional investors has increased competition amongst investors seeking to occupy a […]
2020-3-3 23:42 | |
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Segregated Witness (SegWit) transactions on the Bitcoin network kicked off the new year by hitting an all-time high, accounting for 62% of all network transactions. Following its introduction in 2017, SegWit has steadily been increasing in terms of adoption, showing a dramatic increase in early 2018 and late 2019.
2020-1-12 22:10 | |
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By CCN Markets: Big Four accounting firm PricewaterhouseCoopers (PwC) is expanding into the cryptocurrency audit business with the launch of a new solution. The firm is expanding its “Halo” suite of auditing tools to provide audit and assurance services to those clients that deal in crypto.
2019-6-21 14:39 | |
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Adoption is a major dilemma in the cryptocurrency space, with virtual assets continuously working towards legitimate approval for worldwide implementation. Bitcoin [BTC], which is evidently the most preferred one in the ecosystem due its high price valuation and popularity, has recently been trying to receive an ETF approval.
2019-6-12 14:30 | |
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The FASB and IASB, the two main rule-setting bodies for accounting standards worldwide, cited “lack of usage” as the main reason for not clarifying cryptocurrency accounting treatments. So far, onerous accounting standards have hindered Bitcoin and cryptocurrency adoption.
2019-6-11 12:38 | |
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Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.
2019-5-13 16:37 | |
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Binance has finally joined the fiat-on-ramp party, adding support for crypto purchases using credit cards. This is made possible through its integration with payment processor Simplex, according to a press release shared with Bitcoin Magazine.
2019-2-1 20:59 | |
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‘Big four’ accounting firm KPMG has just asserted that cryptocurrency assets, like Bitcoin, are simply not ready to be classified as real currencies – and that using Bitcoin as a store of value is a “fool’s errand.
2018-11-15 13:36 | |
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Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.
2018-10-8 21:30 | |
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Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.
2018-10-10 21:30 | |
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Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply.
2018-10-3 19:05 | |
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Two crypto companies, Gemini Trust and Paxos, got a green light from a New York state regulator to launch their own stablecoins pegged 1:1 to the U. S. dollar. New York Department of Financial Services (NYDFS) gave an okay to Gemini Trust, the crypto exchange founded by the Winklevoss twins, to launch Gemini Dollar (GUSD).
2018-9-11 01:58 | |
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Global accounting behemoth Ernst & Young (EY) has announced its acquisition of CAAT, a Silicon Valley-based cryptocurrency startup. The purchase represents another example of the increased rate of crypto and blockchain adoption by mainstream financial juggernauts.
2018-8-24 09:49 | |
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The slow trickle of traditional investment into the crypto market may turn into a flood if a new platform launched by blockchain services provider AxiomLevel Technologies makes its desired impact.
2018-8-6 18:55 | |
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For many, the complex nature of crypto investing is an unsolvable enigma. Despite the potential for great returns, many are hesitant to jump in and navigate the complexities and uncertainties inherent in this space.
2018-7-25 17:09 | |
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