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accounting of digital assets

AICPA Releases Accounting Guidance on Digital Assets (Cryptos)

Kensaku Kimura
/ Posted: 2020-01-24
/ Last updated: 2022-10-16
Significant differences with J GAAP, already causing GAAP differences between the two standards In December 2019, the AICPA (American Institute of Certified Public Accountants) released a guidance on the accounting of crypto currencies. This nonauthoritative guidance was released as…

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NTA Crypto Tax FAQ 2019 (FAQ Version 3)

Japanese Tax Authorities Releases FAQ (Ver3) on Crypto Taxes

Kensaku Kimura
/ Posted: 2019-12-20
/ Last updated: 2023-02-04
Japanese Tax Authorities Releases FAQ (Ver3) on Crypto Taxes Compared to the FAQ in 2018, Version 3 covers a wider range with dedicated section on corporate tax On December 20, 2019, the National Tax Agency (NTA) published a guidance…

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BCJ2019

Looking back at BlockChainJam 2019

Kensaku Kimura
/ Posted: 2019-11-18
/ Last updated: 2020-08-24
This year’s BlockChainJam was as great, if not better than last year’s! This year’s BlockChainJam was held on November 17, 2019 at the Yasuda Auditorium (Tokyo University). It was pretty cool to listen to talks on cutting edge technology…

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Blockchainjam2019

We’ll Be Speaking at BlockChainJam 2019 @Tokyo University

Kensaku Kimura
/ Posted: 2019-11-11
/ Last updated: 2020-08-20
BlockChainJam 2019 We’ll be speaking at the upcoming BlockChainJam 2019 conference. The event, whose theme is centered around the future of blockchains, will take place on November 17, 2019, at Tokyo University. We’ll be talking about the hot crypto/blockchain…

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Stock to Flow Model

Modeling Bitcoin Price, an Introduction to the Stock to Flow Model

Kensaku Kimura
/ Posted: 2019-10-11
/ Last updated: 2020-08-20
A Bitcoin Pricing Model is getting the industry’s attention In traditional finance and accounting, many valuation methods and models are used to calculate the fair value of various assets. The DCF (Discounted Cash Flow) and CAPM (Capital Asset Pricing…

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Tax reform 2019

2019 Corporate Tax Reform – Impact on Cryptocurrencies

Kensaku Kimura
/ Posted: 2019-08-14
/ Last updated: 2020-01-23
Taxation on Crypto Unrealized Gains (Losses) for Entities With the 2019 Corporate Tax Reform now in effect, unrealized gains (and losses) from cryptocurrencies held by entities will be subject to taxation. The impact of this change is significant for…

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CryptoRoundtable

June 5 Crypto Roundtable

Kensaku Kimura
/ Posted: 2019-06-11
/ Last updated: 2020-01-23
Tokyo/Otemachi Crypto Roundtable Recap We discussed the history of Bitcoin and the mechanics of blockchains The main topics that we discussed during the June 5 Roundtable were related with the birth and history of Bitcoin and the basic technology…

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New Crypto Regulation Coming

New Crypto Regulation Coming

Kensaku Kimura
/ Posted: 2019-03-04
/ Last updated: 2020-01-23
New Crypto Regulation Coming: Make Room for the Financial Instruments and Exchange Act We attended the 2019 Japan International Banking & Securities System Forum The event was heavily focused on Cryptos, Blockchains and DLTs (Distributed Ledger Technologies). This is…

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