Kpmg position on crypto currency valuation

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Digital Assets within Asset Management where professionals from our Technology Risk Management and Forensic service networks will discuss blockchain and cryptoassets, their potential risks, and know in order to launch to navigate these risks and or add digital assets to an existing traditional fund.

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What Will It Take For Crypto to be Successful? Institutionalization --KPMG
Most crypto assets are accounted for as indefinite-lived intangible assets in the absence of crypto-specific US GAAP. Our executive summary explains. Regulatory activity around crypto and digital assets is intensifying as usage by investors, companies, and even some central banks, shows widespread. For holders of cryptoassets such as tokens, the tax position is likely to be KPMG's global cryptoasset practice is dedicated to supporting businesses.