What CPAs Should Think About During This Crypto Winter
— Tax, Business, Questions, Cryptoassets, Investors, Winter, Crypto, Current, Cpas, Clients, Help, Think — 1 min read
As cryptoassets enter a new crypto winter, the temptation is to relegate cryptoassets (and blockchain) to the backburner. CPAs play a key role in how entrepreneurs, investors, and businesses make decisions for the future, allocate capital in the present, and locate new market opportunities. As the scope of crypto adoption expands and further develops, clients will be looking for some expertise and guidance as how to best integrate these instruments into business operations. The number of individuals using cryptoassets numbering in the hundreds of millions, with a billion total users in many medium-term forecasts, the likelihood of client questions around crypto is only going to increase. The importance of robust cybersecurity cannot be overstated, and every accounting professional is well aware of this fact. Source