SEC Staff Accounting Bulletin No. 122: Rescinding SAB 121 (Accounting for Obligations to Safeguard Crypto-Assets an Entity Holds for its Platform Users), January 23, 2025
U.S. Department of the Treasury Releases Final Regulations Implementing Bipartisan Tax Reporting Requirements for Brokers of Digital Assets, December 27, 2024
Treasury Department, IRS Release Final Regulations Implementing Tax Reporting Requirements for Digital Assets, June 28, 2024
AICPA Updates Practice Aid for Digital Assets, June 6, 2024
Treasury and IRS announce that businesses do not have to report certain transactions involving digital assets until regulations are issued, January 16, 2024
Treasury Inspector General for Tax Releases IRS Digital Asset Strategy Report, December 18, 2023
FASB Issues Standard to Improve the Accounting for and Disclosure of Certain Crypto Assets, December 13, 2023
IRS and Treasury: Request for Comment on Proposed Regulations on Sales and Exchanges of Digital Assets by Brokers, August 25, 2023
FASB: Proposed Accounting Standards Update, Intangibles—Goodwill and Other—Crypto Assets (Subtopic 350-60): Accounting for and Disclosure of Crypto Assets, March 23, 2023
IRS: Chief Counsel Memorandum re: Applicability of Section 1031 to Exchanges of Bitcoin (BTC) for Ether (ETH), Bitcoin for Litecoin (LTC), and Ether for Litecoin, June 08, 2021
IRS: Chief Counsel Memorandum re: Digital Assets - Change of Consensus Mechanism, March 27, 2023
IRS: Notice 2023-34 IRS Virtual Currency Guidance Modifying Notice 2014-21
IRS: Notice 2023-27 - Treatment of certain nonfungible tokens as collectibles
FASB: Accounting for and Disclosure of Crypto Assets Tentative Board Decisions to Date, October 12, 2022
FASB: Tentative Board Decisions for FASB Board Meeting, Accounting for and Disclosure of Crypto Assets, October 12, 2022
KPMG: Accounting for nonfungible tokens (NFTs), October 2022
FASB: 2022 Q3 Supplemental GAAP Taxonomy Featuring Improvements for Business Development Companies and Crypto-Assets, September 30, 2022
FASB and IASB: Staff Paper with Project Update on Accounting for and Disclosure of Crypto Assets, September 30, 2022
FASB: Tentative Board Decisions for FASB Board Meeting, Accounting for and Disclosure of Crypto Assets, August 31, 2022
EY: Technical Line – Accounting for digital assets, including crypto assets, June 30, 2022
ISDA: Accounting for Digital Assets: Key Considerations, May 2022
SEC: Staff Accounting Bulletin No. 121, Accounting for obligations to safeguard crypto-assets an entity holds for platform users, April 11, 2022
KPMG: Accounting for crypto assets by investment companies, April 2022
KPMG: Executive summary: Accounting for crypto assets, March 2022
Sidley Update: Application of Pre-Tax Cuts and Jobs Act Section 1031 of the Internal Revenue Code to Exchanges of Certain Cryptocurrencies, July 8, 2021
Sidley Webinar: Digital Services Taxes: At the Intersection of Trade, Tax, and Technology, June 9, 2021
Sidley Update: IRS Takes on “Hard Fork” and “Airdrop” as Part of New Guidance on Virtual Currency, October 16, 2019
IRS: Frequently Asked Questions on Virtual Currency, October 9, 2019
IRS: Revenue Ruling 2019-24 – Tax Implications of Hard Fork, October 9, 2019
IRS: Notice 2014-21 – IRS Virtual Currency Guidance, April 14, 2014
AICPA: Blockchain and Digital Assets
