Mazars has found itself in the headlines again this year after confirming it’s pausing work for crypto clients, including Crypto.com, KuCoin, and Binance, the world’s largest crypto exchange. The news rocking the cryptocurrency world comes after the accounting firm in February backed away from another high-profile client — former President Donald Trump. On Friday, Mazars told Yahoo Finance that it “paused its activity relating to the provision of Proof of Reserves Reports for entities in… Source link
Read More »Accounting firm Mazars drops all crypto clients, including Binance and Crypto.com
French accounting firm Mazars is pausing all its work with crypto firms including, Crypto.com, KuCoin, and Binance, according to a spokesperson for Binance. Mazars has since deleted all crypto reports from its website. In a statement, a Mazars spokesperson told Yahoo Finance the firm, “paused its activity relating to the provision of Proof of Reserves Reports for entities in the cryptocurrency sector due to concerns regarding the way these reports are understood by the public.” Mazars noted:… Source link
Read More »Accounting firm Mazars drops all crypto clients, including Binance and Crypto.com
French accounting firm Mazars is pausing all its work with crypto firms including, Crypto.com, KuCoin, and Binance, according to a spokesperson for Binance. Mazars has since deleted all crypto reports from its website. In a statement, a Mazars spokesperson told Yahoo Finance the firm, “paused its activity relating to the provision of Proof of Reserves Reports for entities in the cryptocurrency sector due to concerns regarding the way these reports are understood by the public.” Mazars noted:… Source link
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