17min chapter

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The Last Trade E039: Institutionalizing Bitcoin with KPMG

Onramp Media

CHAPTER

Bitcoin Auditing and Custody: Challenges and Advantages

The chapter explores the advantages of auditing decentralized ledgers like Bitcoin compared to traditional financial systems, focusing on KPMG's role in auditing public companies in the crypto space and the complexity of verifying assets under custody. It discusses how professionals from backgrounds like accounting may comprehend Bitcoin faster, the challenges of proving reserves, and the potential of triple-entry bookkeeping in blockchain technology.

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