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EY Debuts Corporate Crypto Accounting, Tax Solution

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Corporate accounting and consultancy firm Ernst & Young is rolling out a new accounting solution designed to help businesses manage their crypto assets. EY announced in a press release this week that its new crypto accounting tool targets the tax preparation process.

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DMG Blockchain Targets Cannabis Supply Chain Traceability

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Blockchain company DMG Blockchain Solutions is rolling out a new supply chain management solution designed for the legal cannabis market. “The emerging cannabis industry demands product management solutions and blockchain is the most logical choice,” said DMG CEO Dan Reitzik in a statement.

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Sprint And T-Mobile Merger, Spend Management And State Tax Top This Week’s News

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We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . The country’s Superintendency of Industry and Commerce (SIC) reportedly said Uber went against market rules. Behind Sysco’s Spend Management Switch To Cards. Trackers and Reports.

Taxes 101
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Corporates Step Up To Welcome AI, Blockchain

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Boards of directors and executive management teams cannot afford to manage risks casually on a reactive basis, especially considering the rapid pace of disruptive innovation and technological developments in an ever-advancing digital world.”. Its “ Can blockchain revolutionize international trade?

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Bitcoin Daily: Korean Commission Suggests Allowing FIs To Offer Crypto; China’s OneConnect Platform Supports New Blockchain Financing Product

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China’s Guangdong province has launched a blockchain financing platform for small and medium-sized businesses, backed by OneConnect , a Chinese FinTech recently listed on the New York Stock Exchange, according to a press release. . In other crypto news , cryptocurrency tax automation software TaxBit has raised $5 million in funding.

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Genesis Molds Treasury Management For The Crypto World

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Reports in CNBC said Davidson described the existing legislative framework in the cryptocurrency market as “sloppy,” and invited industry stakeholders to participate in the roundtable in an effort to “preempt a heavy-handed regulatory approach that could stall innovation and kill the U.S. ICO market.”

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Tencent Spearheads Blockchain Invoice Standardization Initiative

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China’s Tencent will take the lead in helping the global blockchain industry standardize invoices sent on distributed ledger technology (DLT), China’s Global Times reported on Tuesday (Oct. According to reports, a recent report by asset management firm Guosheng Securities found that “as of Aug.