The Cryptio accounting and reporting platform was set up to help financial institutions, corporations and crypto-native businesses create auditable records from fragmented decentralized finance (DeFi), custody and exchange data for the purposes of accounting, treasury and tax filings. The collected data can be connected to the customer’s traditional accounting software like Xero or QuickBooks

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Total raised in USD value and total number of IDO/ICO/IEOs by month

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The post How New Crypto Accounting Rules Fuel Bitcoin’s Institutional Adoption Ahead Of BTC Halving Event? appeared first on Coinpedia Fintech News
The newly approved U.S. crypto accounting rules are set to boost Bitcoin's institutional adoption and impact its price ahead of the 2024 halving event.

Coinpedia

How New Crypto Accounting Rules Fuel Bitcoin’s Institutional Adoption Ahead Of BTC Halving Event?

In a groundbreaking move, US accounting standard-setters have unanimously voted to introduce new accounting rules for businesses with significant holdings in cryptocurrencies such as Bitcoin and Ethereum. This decision, expected to be published by year-end, could pave the way for tech giants like Apple, Amazon, and Google to include Bitcoin and altcoins on their balance […]

Cryptio

Latest Cryptio News and Social Media Feed

How New Crypto Accounting Rules Fuel Bitcoin’s Institutional Adoption Ahead Of BTC Halving Event?

Here’s Why 2024 Will See Bitcoin On Apple, Amazon, Or Google’s Balance Sheet