Accounting Standards Board of Japan Releases Exposure Draft on the Accounting for Virtual Currencies

Bitcoin pic

We posted an analysis of the Exposure Draft on the Accounting for Virtual Currencies released by the ASBJ  on our Japanese blog, which can be viewed here.

This could very well be the first official stab an accounting standard-setting body has taken in outlining the accounting rules for cryptocurrencies.

If you would like a full English translation of this post, please submit a request through our CONTACT page!


Let Us Take Care of Your Cryptocurrency Related Needs

Businesses involved in the business of trading currencies in Japan (such as exchanges) are required to obtain a license from the Financial Services Agency.

At Quantum Accounting Inc., we can support you with all your accounting related needs related to cryptocurrencies.

Please feel free to contact us through our CONTACT page.




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