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Blockchain technology can be used to improve risk management and create better controls for organizations, according to a new paper released Tuesday by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). Continue Reading
Bitcoin has just gone through a much-hyped adjustment that reduced the rate at which new coins are created. Continue Reading
Expanding on guidance from 2014, the IRS is issuing additional detailed guidance to help taxpayers better understand their reporting obligations for specific transactions involving virtual currency. The new guidance includes Revenue Ruling 2019-24 and frequently asked questions (FAQs). Continue Reading
The very first question most people ask about blockchain is “What is it?” I like to reply with the answer “The digitization of trust and truth.” Continue Reading