Applying IFRS: Accounting by holders of crypto-assets
This publication aims to provide guidance on the accounting under IFRS by the general holders of crypto-assets, but does not address the accounting for crypto-assets held by the original issuer. Moreover, the specific issues related to miners, crypto-exchanges and those resulting from initial coin offerings (ICOs) are not addressed here.
IFRS: Accounting for crypto-assets
This report aims to briefly introduce cryptocurrencies and other types of crypto-assets. Then, the authors consider their possible classification within the existing financial reporting framework as codified by the International Financial Reporting Standards (IFRS).
An Introduction to the General Taxonomy Use Case Series
The purpose of this article is to analyze the current crypto asset valuation methodologies used to estimate bitcoin’s “fair value” and provide an update on the parameters and assumptions of the most accurate methodologies. This article will also serve to introduce a series of use case articles showcasing BNC’s newly launched General Taxonomy for Cryptographic Assets and illustrate how this tool can be incorporated into investment research of the cryptographic asset ecosystem. We will continue to explore this topic in weeks to come as we publish General Taxonomy for Cryptographic Assets case studies for asset managers, regulators, researchers, developers and [...]
A Gentle Introduction To Digital Tokens
Digital tokens have come to the fore recently, firstly with excitement about cryptocurrencies such as bitcoin, then with digital tokens being used to represent different assets on a blockchain. What are they? How can you digitise a token? Why is it important?
