Deloitte joins crypto startup

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The group serves to link members voices to Government and cross-industry stakeholders, including in the financial service sector, and provides services that ensure members are able to meet best practice standards as they seek to grow their cryptocurrency and Fintech businesses. ADCCA also advocates for a self-regulatory framework and code of conduct based on industry best practice for cryptocurrencies, that is modelled on the Australian Payments Clearing Association APCA framework that currently applies to Australian banks and other financial institutions that deal with fiat currency.

But as crypto currencies get more global attention, we will soon need global accounting standards. Click here to join the free and open Startup Showcase event. Tech rockstars to tackle pediatric cancer during June 21 fundraising event in Boston area. Deloitte joins Australian cryptocurrency group to work on Bitcoin accounting standards.

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Former Ripple general counsel Brynly Llyr is taking on the same role for crypto payments startup Celo. Coindesk reports that. Llyr, who left Ripple last Friday , will take charge of "all aspects of legal strategy at Celo," the company announced Monday. These include policy, regulation, partnerships and intellectual property.

Llyr will also play a role in Celo's efforts to expand both within the U. A spokesperson for the company told CoinDesk that she will specifically be involved in day-to-day operations as well. The startup seeks to simplify the adoption process for using cryptocurrencies as a payment method. In pursuit of that aim, Celo intends to launch a money transfer and payment app geared toward developing markets in the near future. In a statement, Llyr noted that "there are 1. I'm honored to join the incredibly talented team at Celo and look forward to bringing about positive change for financial inclusion to those who need it most.

Celo chief executive Rene Reinsberg welcomed Llyr in a statement, noting that "she has great experience in virtual currency, fintech and the blockchain. Make secure transactions with cryptocurrency. Back to the news catalog legalize Former startup. Share Share Tweet. Write Popular news of this week. ZCash News today Bitcoin News today According to iTnews , Deloitte is planning to participate in ADCCA through a working group tasked with creating accounting standards for businesses dealing in cryptocurrencies, in particular, Bitcoin.

The group serves to link members voices to Government and cross-industry stakeholders, including in the financial service sector, and provides services that ensure members are able to meet best practice standards as they seek to grow their cryptocurrency and Fintech businesses. ADCCA also advocates for a self-regulatory framework and code of conduct based on industry best practice for cryptocurrencies, that is modelled on the Australian Payments Clearing Association APCA framework that currently applies to Australian banks and other financial institutions that deal with fiat currency.

But as crypto currencies get more global attention, we will soon need global accounting standards. Click here to join the free and open Startup Showcase event. Tech rockstars to tackle pediatric cancer during June 21 fundraising event in Boston area.