SAB 122 Just Changed Everything for Crypto—But There’s a Catch
For the past two years, crypto accounting firms, banks, and exchanges have struggled with SAB 121, the SEC rule that forced financial institutions to classify customer crypto as a liability. It made custody a regulatory nightmare. But now, SAB 122 has overturned this rule—bringing a massive shift to crypto regulation.
While banks and stablecoin issuers are celebrating, there’s a hidden downside that few are talking about. As a crypto CPA or financial professional, understanding these changes is critical. In this deep dive, we break down the risks, the opportunities, and why the industry must act fast.
Stablecoins: The $1 Trillion Opportunity (And How You Can Capitalize On It)
A must read for stablecoin issuers, crypto companies, and policymakers looking to understand the booming $1 trillion stablecoin opportunity. Jeremy dives into the critical steps for mastering compliance, reserve management, and smart contract security, ensuring your stablecoin project not only survives but thrives in this competitive market.
What is a Stablecoin Auditor? Why You Need One
Discover the critical role of stablecoin auditors in ensuring transparency, trust, and compliance in the crypto ecosystem. Learn what stablecoin attestations are, why they matter, how they mitigate risks, and the best practices for selecting an experienced auditor in the evolving world of digital assets.
IRS Crypto Tax Rules in 2025: What You Need to Know to Stay Compliant
The IRS has kicked off 2025 with new crypto tax rules that have left many investors and brokers scrambling to make sense of their compliance obligations. From wallet-specific tracking requirements to delayed broker reporting mandates, the evolving landscape introduces complexity—but also clarity—for taxpayers and exchanges. Here’s what’s changing, what’s staying, and how you can stay ahead of the curve.
Bitcoin's Biggest Upgrade Yet? How FASB’s Fair Value Rules Could Transform Corporate Finance
Discover how Bitcoin is becoming a strategic reserve asset for cities, states, and nations. Learn about key legislative moves and the potential impact on global economic dynamics. Explore the benefits of Bitcoin as a hedge against financial instability and its role in shaping future economic power. Dive into the implications for policymakers and government officials.
Bitcoin as a Strategic Reserve: How Cities, States, and Nations Are Positioning Themselves for the Future of Money
Discover how Bitcoin is becoming a strategic reserve asset for cities, states, and nations. Learn about key legislative moves and the potential impact on global economic dynamics. Explore the benefits of Bitcoin as a hedge against financial instability and its role in shaping future economic power. Dive into the implications for policymakers and government officials.
How the IRS’s New Revenue Procedure 2024-28 Changes Crypto Tax Reporting
Stay ahead of the curve with the IRS's latest crypto tax guidelines! Revenue Procedure 2024-28 introduces a groundbreaking safe harbor rule for allocating the basis of digital assets, effective January 1, 2025. In this detailed breakdown, TNF experts Noah Buxton and Nick Ward discuss how these changes impact crypto companies and individual investors alike. Learn about new wallet-specific tracking requirements, compliance tips, and the interplay with recent broker-dealer regulations. Whether you're a seasoned crypto pro or navigating taxes for the first time, this guide will help you prepare, optimize your records, and avoid potential IRS penalties. Read on for expert insights, practical strategies, and everything you need to tackle crypto taxes like a pro!
2025 Crypto Predictions: Strategic Reserves, Stablecoins, & Regulation
Discover expert predictions for the crypto industry in 2025, including the potential for a U.S. Bitcoin Strategic Reserve, evolving regulatory frameworks, stablecoin growth, and the ongoing mystery of Satoshi Nakamoto. Explore insights from leading experts on how these trends could shape the future of cryptocurrency.
Tokenized Assets: The Opportunities for Auditors & Accountants
The rise of tokenized assets, such as stablecoins and tokenized real estate, is reshaping global finance. As these digital representations of real-world assets grow, they bring challenges in transparency and trust that auditors and accountants are uniquely positioned to solve. By leveraging blockchain technology for proof of reserves, on-chain reporting, and real-time auditing, financial professionals can provide the credibility and compliance needed in this evolving landscape. Dive into the future of finance and learn how tokenization opens new opportunities for transparency, trust, and innovation.