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Armanino Accepting Cryptocurrency

Accounting firm Armanino has begun accepting payment in more than 1,000 cryptocurrencies. Currencies supported include Bitcoin, Ethereum, XRP and Litecoin.

Armanino is also extending its block explorer and associated audit tools to a cloud-deployed platform, which can be utilized internally or by clients, including virtual currency exchanges, custodians and blockchain companies.

Armanino is also being expanding it block explorer, which works with public blockchains to analyze transaction and wallet details and digital signature validation tools. In addition, the firm has implemented a crypto onboarding service that includes preparing and consulting clients on the best practices for treasury, accounting, financial reporting, compliance and tax considerations.

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