There’s No Accounting for Crypto. Or Is There?

A Bloomberg News review of crypto standards and governance found gaps.

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In this edition of the Bloomberg Crypto newsletter, Emily Nicolle explores the murky world of crypto corporate governance:

Ever since the collapse of FTX and its “unauditable” affiliate Alameda Research last year, a common talking point among the crypto community has gone something like this: “We want nothing more than to open our books and prove we’re financially healthy and pristine — it’s just that accounting firms don’t want to engage.”