Cryptocurrency Resources

As more businesses and investment fund managers enter the world of digital assets, questions inevitably arise about the evolving environment for cryptocurrencies and opportunities for blockchain. What are the potential benefits, business implications, risks and requirements? How are funds, investors and financial institutions handling the custody of digital assets? What are the tax and other regulatory considerations for funds and individuals investing in crypto? These are just some of the discussions we’re having with clients around cryptocurrency.

Weaver’s Cryptocurrency Task Force was formed to identify and respond to the growing needs of investment funds, financial institutions, blockchain companies, mining companies and others in the digital asset community. Clients across a wide span of industries, including alternative investments, banking, technology and government, look to us for the most recent updates and best practices in this emerging area.

Our Cryptocurrency Task Force serves clients in the areas of:  

• Audit and assurance 
• Tax planning and compliance 
• Internal controls and risk advisory
• Cybersecurity

For more insights into digital assets, check out these resources:

• Decrypting Crypto: The Basics for Businesses
• On-Demand Webinar with BGSF on Decrypting Cryptocurrency: A Clearer View from Financial, Taxation and IT Perspectives
• State Regulator Affirms That Texas Banks Can Offer Virtual Currency Services
• Risk Considerations when Using Digital Currency (Cryptocurrency)
• Is Your Not-for-Profit Prepared to Accept Cryptocurrency Gifts?
• What Businesses Need to Know About the Tax Treatment of Bitcoin and Other Virtual Currencies