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KPMG�s �In the Know� Episode #9 Cracking Cryptocurrency CustodyRegulatory activity around crypto and digital assets is intensifying as usage by investors, companies, and even some central banks, shows widespread. Most crypto assets are accounted for as indefinite-lived intangible assets in the absence of crypto-specific US GAAP. Our executive summary explains. For holders of cryptoassets such as tokens, the tax position is likely to be KPMG's global cryptoasset practice is dedicated to supporting businesses.
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