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Crypto in Your 401(k): A New Era

In a significant policy shift, the U.S. Department of Labor (DOL) has rescinded its 2022 guidance that advised 401(k) plan fiduciaries to exercise “extreme care” before including cryptocurrencies in their investment menus. This change reflects […]

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EU Targets Crypto Money Laundering

Europe’s New AML Watchdog Eyes Crypto: A Deep Dive into the Battle Against Illicit Finance It’s a familiar story, isn’t it? The financial world, ever evolving, constantly presents new challenges to those tasked with keeping […]

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DOJ Shifts Crypto Enforcement Focus

Shifting Sands: The DOJ’s Bold Pivot in Crypto Enforcement There’s a palpable shift in the air, isn’t there? For anyone tracking the ever-evolving landscape of digital assets, the recent announcement from the U.S. Department of […]

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FASB’s Crypto Asset Overhaul

In December 2023, the Financial Accounting Standards Board (FASB) unveiled Accounting Standards Update (ASU) 2023-08, marking a significant shift in the accounting treatment of crypto assets. (journalofaccountancy.com) Transition to Fair Value Measurement Previously, companies adhered […]