Accounting in Crypto-asset Companies is a Complex and Knowledge-demanding Process
In today’s Verslo žinios article, Inga Česnienė, Account Manager at “Nordgain“ within “Noewe“ group, shares her insights on accounting in crypto-asset companies and new regulations of the crypto-asset sector that will come into effect next month. According to Inga, cryptocurrency market participants are well aware that new requirements are aimed at controlling the systemic risks associated with complex cryptoasset transactions. However, there was not much time to prepare for the changes, so it is worth reviewing the main provisions of the changes and checking whether these provisions are implemented in the crypto sector companies in accordance with the new requirements.
Full review in Lithuanian is here.