Regulatory Update on Cryptocurrency

Accounting and audit standards are still in evolution for many aspects of blockchain assets. Proof of ownership, valuation, correct treatment as well as other areas are a constantly evolving set of issues. Combined with the rapid pace of technological progress and explosive growth of various complete blockchains as well as tokens, this already challenging area becomes even more difficult to navigate. Fundamental basics will be discussed as well as interesting topics such as how to treat blockchain forks and airdrops. Matthew tackles the tough questions about financial accountability around blockchain based assets, discuss what to watch for, and what technology and policies can help you start to address your accounting and audit challenges.