That recommendation of sorts was featured in a speech today by Wesley Bricker, who serves as chief accountant for the U.S. securities regulator. Bricker revealed that his office is investigating “cryptocurrencies, coins, tokens and so forth,” as well as the ways in which they are exchanged and traded.
Indeed, he noted that his team is “journeying with a compass” by researching applications of the tech through the lens of the SEC’s accounting and auditing requirements. And according to Bricker, accountants in the private sector may want to do the same.
He was quoted as saying: […]