Cryptocurrencies and other digital assets

The importance of custodians in bitcoin adoption and ownership

Why bitcoin’s decentralized properties require reliable custodians and diligent investors.

Digital assets under IFRS® Accounting Standards vs US GAAP: the basics

Understanding cryptocurrencies and other digital assets and the accounting issues they raise.

Money and Payments | The U.S Dollar in the Age of Digital Transformation

For a nation’s economy to function effectively, its citizens must have confidence in its money and payment services. The Federal Reserve, as the nation’s central bank, works to maintain the public’s confidence by fostering monetary stability, financial stability, and a safe and efficient payment system.

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AICPA | Implications of the Use of Blockchain in SOC Examinations

The use of blockchain may allow service organizations to provide new services (e.g., developing new systems to support supply chain efficiency) and to reduce the costs of providing existing services (e.g., reducing the risk of unauthorized changes to business records). But blockchain use also brings increased risks for service organizations and user entities.

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AICPA | Blockchain Glossary

The world of blockchain and digital assets comes with its own vocabulary. You may wonder what the difference is between blockchain and distributed ledger technology, or the difference between a digital asset and a crypto asset. By using this resource, you can start to unravel the world of blockchain and digital assets by gaining an understanding of the terms that are used.

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AICPA | Accouting for and auditing digital assets guide

Digital assets and the associated underlying blockchain technology have been expanding rapidly ever since the very first blockchain transaction occurred. Driving this expansion is not only the increase in digital asset popularity but the various forms of digital assets hitting the marketplace enabling entities to enter this space. The digital asset space is an evolving business environment, presenting practitioners with unique risks and complex challenges. This practice aid contains nonauthoritative guidance on how to account for and audit digital assets.

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AICPA | 2025 Criteria for Stablecoin Reporting: Specific to Asset-Backed Fiat-Pegged Tokens

To address the need for transparency and trust in the stablecoin ecosystem, the AICPA has developed a framework to enable transparent reporting – the 2025 Criteria for the Presentation and Disclosure of Redeemable Tokens Outstanding and the Availability of Assets for Redemption: Specific to asset-backed fiat-pegged tokens. These criteria provide a common framework for stablecoin issuers to present and disclose information on the outstanding stablecoins and the availability of the assets that back those stablecoins. Stablecoin issuers can leverage these criteria when developing their terms.

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