Cryptocurrency: The Top Things You Need To Know
Jennifer A. Kartychak, CPA, CGMA
Monday, February 4, 2019
Bitcoin and other cryptocurrencies are splashed across news headlines on a regular basis, charting a wild ride of extreme highs and lows. Once the sole domain of anti-establishment millennials burned by the 2008 recession, many institutional investors have shed their skepticism and are dipping their toes into the crypto market, adding exposure through crypto funds, futures, and other emerging investment options.
The world of crypto investing, however, is still relatively uncharted territory. It is important to understand what cryptocurrencies are before investing or accounting for them. Organizations that take a step-by-step approach to due diligence and gain experience with small, low-risk projects involving cryptocurrencies may find they present exciting, new opportunities.
For more information, contact Jennifer A. Kartychak, CPA, CGMA.
This pubilcation is available through our affiliation with the BDO Alliance USA.