SEC Chief Accountant: Digital assets do not alter reporting standards

RegulationSeptember 18, 2018, 10:02AM EDT
UPDATED: September 18, 2018, 4:07PM EDT
SEC Chief Accountant: Digital assets do not alter reporting standards
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The SEC's Chief Accountant, Wesley Bricker, stressed that it is necessary for firms working with blockchain and digital assets to remain compliant with existing auditing standards and federal securities laws.

"Distributed ledger technology and digital assets, despite their exciting possibilities, do not alter this fundamental responsibility," Bricker said. (Source: mondovisione)