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By Anthony Sebastiani, CPA, CFE; Kevin Keane Jr., CPA; Rachel DiDio, CPA and
Marc Rinaldi, CPA
Businesses engaging in activities involving crypto assets may be subject to rules and regulations by the relevant U.S. federal authorities, including the U.S. Department of the Treasury (DOT), the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). These rules and regulations include registration with the relevant U.S. federal authorities as a regulated entity, recordkeeping, reporting and anti-money laundering (AML) regulations set out by the Bank Secrecy Act (BSA).
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