ACCOUNTING FOR CRYPTO ASSETS: REGULATORY AND PRACTICAL CHALLENGES

Abstract

This article examines the complexities of recognizing, measuring, and disclosing digital assets in corporate financial statements. As of 2026, while major frameworks like MiCA in Europe and ASC 350-60 in the US have provided much-needed clarity, global divergence remains a significant hurdle. This study analyzes the shift from historical cost models to fair value accounting and explores the persistent practical challenges in auditing, private key custody, and tax compliance.