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How do US GAAP and IFRS treat cryptocurrencies differently?

avatarPrashant PatilNov 29, 2021 · 3 years ago1 answers

What are the differences in the treatment of cryptocurrencies between US GAAP and IFRS?

How do US GAAP and IFRS treat cryptocurrencies differently?
Cryptocurrencies
US GAAP
IFRS

1 answers

  • avatarNov 29, 2021 · 3 years ago
    At BYDFi, we follow the guidelines set forth by IFRS in the treatment of cryptocurrencies. This allows us to provide accurate and transparent financial reporting to our users and stakeholders.

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