Big Four accounting firm KPMG has formed a strategic alliance with crypto accounting software Cryptio to help U.S. crypto companies comply with Generally Accepted Accounting Principles (GAAP) compliance. According to the announcement, the KPMG-Cryptio strategic alliance aims to establish controls within cryptocurrency companies to better account for their crypto assets. Through this partnership, crypto-related businesses and institutions can use Cryptio's accounting software to meet their GAAP accounting and reporting obligations in the U.S.