KPMG – DIGIT INFO

KPMG Establishes Strategic Alliance With Cryptio

DIGIT — Fri, 19 Jul 2024 14:40:00 +0000

KPMG LLP, the U.S. audit, tax, and advisory firm, has announced a strategic alliance with Cryptio, a crypto accounting software platform. This collaboration aims to help companies establish controls for better accounting of crypto assets, meeting US GAAP accounting and reporting obligations. The alliance will empower enterprises and institutions to navigate the complexities of the […]

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KPMG to help US crypto firms uphold reporting standards

DIGIT — Fri, 19 Jul 2024 08:29:17 +0000

KPMG formed a strategic alliance with Cryptio to help crypto firms in the United States adhere to GAAP compliance, enhancing accounting and reporting practices.

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Metaverse projects failed on lack of correct business model: MetaMinds CEO

DIGIT — Mon, 06 Nov 2023 10:21:36 +0000

As the metaverse loses its appeal to some global tech leaders, MetaMinds Group CEO Sandra Helou argues that failures in metaverse initiatives resulted from a lack of proper business models.

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Nigerian Forex Inflows: ‘Ambiguous Foreign Exchange Regime’ Blamed After Inflows Dropped to $5.32 Billion in 2022

DIGIT — Wed, 12 Apr 2023 10:15:06 +0000

Between 2019 and 2022, the value of foreign capital that flowed into Nigeria dropped from $23.9 billion to $5.32 billion. The drop has been attributed to low investor confidence, the high cost of doing business, as well as the country’s high inflation rate. Nigeria will “struggle to keep the naira to the dollar exchange rate […]

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Latam Based Cryptocurrency Exchange Ripio Expands to US

DIGIT — Fri, 25 Nov 2022 07:30:27 +0000

Ripio, an Argentina-based cryptocurrency exchange, has announced that it will expand its operations to the U.S. The company, which serves more than 4.5 million customers in Latam, received a license in the state of Florida to operate and will start offering its Ripio Select services to companies and institutional investors. Ripio Expands Operations to US […]

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Big Four Company KPMG to Examine New Business Models in the Metaverse

DIGIT — Fri, 18 Nov 2022 23:30:55 +0000

KPMG, one of the “big four” companies in the consulting and auditing business, is appointing a new head of metaverse futures. The new position, to be occupied by Alyse Sue, will be dedicated to the implementation of technologies such as metaverse and crypto to find fresh business models for the company, as other big four […]

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FASB guidelines could ‘smooth the way’ for broader crypto adoption

DIGIT — Fri, 14 Oct 2022 02:50:12 +0000

Another step has been taken on the path to use fair-value accounting for the reporting of crypto assets in the United States.

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KPMG enters the metaverse, invests $30M in Web3 employee training

DIGIT — Tue, 28 Jun 2022 13:20:17 +0000

The long-term objective for the company is to examine other potential metaverse use cases such as health care, consumer, retail, media and financial services.

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Crypto Biz: Crypto was in full swing at Collision Conference, June 17-23

DIGIT — Fri, 24 Jun 2022 21:20:08 +0000

Despite the bear market in Bitcoin and altcoins, the industry’s builders continue to build for a brighter future.

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Institutions are exploring the space — KPMG Canada crypto team

DIGIT — Wed, 22 Jun 2022 20:37:00 +0000

Kareem Sadek and Kunal Bhasin said the team had seen “a lot of momentum” around the tokenization of assets but was also considering the potential growth of NFTs and the Metaverse.

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