Accounting for cryptoassets
The variety of economic operations in cryptoassets is relatively infinite. And although the Ministry of Finance has issued guidance on the accounting for cryptoassets, it is not a comprehensive document. Due to our experience in the overall legal, tax, accounting and practical setup of various crypto projects, the area of crypto asset accounting has become a routine matter in which we can provide clients with the necessary service.
As part of our practice, we also help clients not only with billing, but also with setting up automation processes. For example, we account for such situations with cryptoassets:
- Issues of utility or financial tokens;
- Hybrid Token Issues;
- Crypto Asset Trading;
- Staking, liquidity mining or yield farming;
- Accounting for the so-called. Airdrops;
- Accounting for service providers in the field of crypto assets (so-called brokers);
- Paying employees and contractors in crypto assets.