Accounting rules and regulations adaptations to cryptocurrencies and blockchain technology

[ambassa]

hello i'm an accounting teacher and i'm carrying out a research work on accounting rules and regulation adaptations to most popular cryptocurrencies ? I will be glad to read all suggestions and ideas

thanks

 

[kirby]

IRS has begun sending letters to virtual currency owners advising them to pay back taxes, file amended returns; part of agency's larger efforts | Internal Revenue Service

IR-2019-132, July 26, 2019 — The IRS has begun sending letters to taxpayers with virtual currency transactions that potentially failed to report income and pay the resulting tax from virtual currency transactions or did not report their transactions properly.

www.irs.gov

Here is IRS action on cryptocurrency

 

[kirby]

Cryptocurrency? Digital asset? What’s the accounting?

Cryptocurrency? Digital asset? We discuss what these terms mean and how they impact your financial statements.

www.pwc.com

Above is from Price