GBD152. (Blockchain Miniseries #1 of 3) The Highs and Lows of Crypto Tax.

Mar 31, 2021

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"Bitcoin is the 'Kleenex' of cryptocurrency - the one that people hear about on the news - but it's just a gateway."

Blockchain is one of the many emerging technology trends that have the potential to disrupt the accounting and finance role. We explore some of the latest advancements in this three-part series with leading subject matter experts. Part 1 outlines the complexities and best practices of crypto asset management. In the run-up to our annual Blockchain Symposium, CPA.com's Senior Director (Strategy and Innovation) Kacee Johnson talks to Lukka CEO Robert Materazzi.

Talking Points. These are some of the issues and topics we cover in our conversation.

Bitcoin recently hit an all-time high of over $61k. What is going on right now to cause the surge?
How to talk about volatility.
What are regulators in the US as well as abroad doing to account for this?
What is the driving force behind what's made crypto so complex today?

Resources. Use these links to find out more about this topic, or to access free guidance and resources to implement in your own team or organisation. (Can't see embedded links? Try via a different podcast app).

The Voices. Connect with the people behind the conversation.

Kacee Johnson is a Senior Director for Strategy and Innovation at CPA.com, the technical arm of AICPA & CIMA. CPA.com has formed a strategic alliance with Lukka to deliver crypto asset solutions to firms.
Robert Materazzi is CEO of Lukka, a New York-based crypto asset software and data solutions provider which built the world’s first commercial virtual currency tax-calculator. Lukka partnered with CPA.com to develop ‘LukkaTax for Professionals’ – a virtual currency tax preparation tool built specifically for accountants.

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About Our Podcast. These conversations with expert guests are recorded by different members of the AICPA & CIMA team from our offices around the world. While the sound quality may vary, we hope that the insights will be consistently useful.

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