CTF Written Submission

RE: Request for response to Crypto Task Force questions

April 24, 2025
  • The document emphasizes the need for clarity in market structure, registration, exchanges, and custody to strengthen the foundation for engaging in the crypto industry.
  • It highlights the importance of principles-based guidance and the role of independent standard-setters like FASB, PCAOB, and AICPA in developing and amending crypto asset accounting and auditing standards.
  • The document discusses the unique auditing challenges presented by crypto assets and the need for clear guidance on what constitutes reliable audit evidence, particularly from decentralized blockchains.

Last Reviewed or Updated: April 24, 2025