cryptocurrency Archives - CFO

How CFOs Can Make Crypto Less Cryptic

Risk & Compliance

How CFOs Can Make Crypto Less Cryptic

Crypto and fintech companies should focus on these accounting systems and processes to help keep finances in order.

By Eric Segal | January 26, 2023

Cryptocurrency Case May Lead to Disclosure of Investment Risks

Cryptocurrency Case May Lead to Disclosure of Investment Risks

Classifying digital tokens such as Ripple’s XRP as securities would subject issuers to SEC disclosure requirements.

By Matthew Heller | April 7, 2022

Citadel Gets $1.1B in First Outside Investment

Credit & Capital

Citadel Gets $1.1B in First Outside Investment

The deal with VC firm Sequoia Capital and crypto investor Paradigm may set the stage for Citadel to expand into digital assets.

By Matthew Heller | January 12, 2022

Crypto Exchange Bakkt Begins Trading on NYSE

Credit & Capital

Crypto Exchange Bakkt Begins Trading on NYSE

ICE-owned Bakkt went public via a SPAC merger with VPC Impact Acquisition Holdings.

By Lauren Muskett | October 18, 2021

Walmart Confirms No Partnership With Litecoin

Walmart Confirms No Partnership With Litecoin

A fake press release said the retailer would begin accepting payments in Litecoin, driving up the cryptocurrency's price by over 26%.

By Lauren Muskett | September 13, 2021

BitConnect Charged With $2B Crypto Fraud

BitConnect Charged With $2B Crypto Fraud

The crypto exchange platform allegedly misrepresented to investors that it would deploy their funds to trade bitcoin using a proprietary bot.

By Matthew Heller | September 2, 2021

New SEC Chief Aims to Tame Crypto ‘Wild West’

Risk & Compliance

New SEC Chief Aims to Tame Crypto ‘Wild West’

SEC Chair Gary Gensler says the industry is "rife with fraud" and if Congress doesn't act, "I worry a lot of people will be hurt."

By Matthew Heller | August 4, 2021

Yellen Urges Swift Action on Stablecoin Rules

Yellen Urges Swift Action on Stablecoin Rules

A presidential working group expects to make recommendations on how to regulate the booming digital currencies amid concerns over their stability.

By Matthew Heller | July 20, 2021

Why Cryptocurrency Transactions Matter

Why Cryptocurrency Transactions Matter

While it’s not for everyone, there are some circumstances where limited cryptocurrency involvement can make sense for traditional companies.

By Justin Wilcox | July 14, 2021

Crypto Startup Circle to Go Public Through SPAC

Crypto Startup Circle to Go Public Through SPAC

"We think that becoming a public company really sets us up to be a trusted platform in the digital currency industry."

By Matthew Heller | July 9, 2021

Regulators Can and Will Crack Down on Crypto

Risk & Compliance

Regulators Can and Will Crack Down on Crypto

In a recent note to clients, UBS Bank said that regulatory crackdowns could pop the “bubble-like” crypto markets.

By Lauren Muskett | July 7, 2021

U.K. Cracks Down on Crypto Exchange Binance

Risk & Compliance

U.K. Cracks Down on Crypto Exchange Binance

The U.K.'s financial watchdog “is sending a strong signal that it is worried about the dangers of investing in cryptocurrencies."

By Matthew Heller | June 28, 2021

U.S. Recovers $2.3M in Bitcoin From Colonial Pipeline Hackers

U.S. Recovers $2.3M in Bitcoin From Colonial Pipeline Hackers

The cryptocurrency was used to pay the ransom in the attack on the Colonial Pipeline system.

By Lauren Muskett | June 8, 2021

Blockchain Strategies Needed as U.S. Clamps Down on Crypto

Blockchain Strategies Needed as U.S. Clamps Down on Crypto

Now is the time for CFOs to get a handle on their cryptocurrency exposures and start figuring out a blockchain strategy.

By Lauren Muskett | June 2, 2021

China Cryptocurrency Warning Leads to Crypto Selloff

China Cryptocurrency Warning Leads to Crypto Selloff

Bitcoin dropped under $40,000 for the first time in three months, losing 15% of its value overnight.

By Lauren Muskett | May 19, 2021