Skip to main navigation menu Skip to main content Skip to site footer

Finance and Banking; Taxation, Accounting and Auditing

November 28, 2025; Cambridge, UK: IX International Scientific and Practical Conference «EDUCATION AND SCIENCE OF TODAY: INTERSECTORAL ISSUES AND DEVELOPMENT OF SCIENCES»


ENHANCING METHODOLOGICAL APPROACHES TO THE IDENTIFICATION AND ASSESSMENT OF CRYPTOCURRENCY AS AN ELEMENT OF AN ENTERPRISE'S INTELLECTUAL - INFORMATION RESOURCES


DOI
https://doi.org/10.36074/logos-28.11.2025.004
Published
28.11.2025

Abstract

Current trends in the development of information technologies and the ongoing digitization of business processes are causing a shift in the structure of a company's total asset portfolio from tangible to intangible components. Recently, there has been a significant increase in the use of intangible assets, such as digital assets formed based on blockchain technologies, by business entities.

References

  1. Grand View Research. (2024). Cryptocurrency market size to reach USD 11.71 billion by 2030. Retrieved from https://www.grandviewresearch.com/press-release/global-cryptocurrency-market
  2. EY. (2025). Evolving digital assets: Sentiment among investors. Ernst & Young. Retrieved November 2, 2025, from https://www.ey.com/en_us/insights/financial-services/evolving-digital-assets-sentiment-among-investors
  3. Precedence Research. (2024). Blockchain technology market size:
  4. Share and trends 2024 to 2034. Retrieved September 2, 2025, from https://www.precedenceresearch.com/blockchain-technology-market
  5. Mpanza, S. S., Rajaram, R., & Aboluwodi, D. (2024). Accounting and tax treatment of cryptocurrencies: A systematic review. Academy of Accounting and Financial Studies Journal, 28(6),1–9. https://www.abacademies.org/articles/accounting-and-tax-treatment-of-cryptocurrencies-a-systematic-review-17202.html
  6. Lazea, G. I., Bunget, O. C., & Sumănaru, A. D. (2023). Comparative analysis of cryptocurrencies versus fiat money. The Annals of the University of Oradea, Economic Sciences, 32(2), 111–120. https://doi.org/10.47535/1991AUOES32(2)010
  7. Ammous, S. (2018). Can cryptocurrencies fulfill the functions of money? The Quarterly Review of Economics and Finance, 70, 38–51. https://doi.org/10.1016/j.qref.2018.05.010
  8. Panasyuk, V., Muzhevych, N., & Melnychuk, I. (2023). Accounting aspect of recognition of cryptocurrency as an enterprise asset in the conditions of digitalization of the economic space. Galician Economic Journal (Ternopil), 81(2), 49–57. [in Ukrainian]. https://doi.org/10.33108/galicianvisnyk_tntu2023.02.049
  9. Labunska, S. V., Serikova, T. M., & Sobakar, M. V. (2021). Approaches to and methodological basis of accounting for intangible assets generated in cryptocurrency. The Problems of Economy, 2(48), 225–235. [in Ukrainian]. https://doi.org/10.32983/2222-0712-2021-2-225-235
  10. Mogyl, L. S. (2023). Procedure for accounting for cryptocurrency operations as a type of virtual assets. Analytically-Comparative Jurisprudence, (2), 168–174. [in Ukrainian].
  11. https://doi.org/10.24144/2788-6018.2023.02.28
  12. PwC. (2023). Crypto assets guide
  13. https://viewpoint.pwc.com/dt/us/en/pwc/accounting_guides/crypto-assets-guide/assets/pwccryptoassetsguide1223.pdf
  14. Deloitte. (2021). Corporates investing in crypto: Considerations regarding allocations to digital. https://www2.deloitte.com/content/dam/Deloitte/us/Documents/audit/corporates-investing-in-crypto.pdf
  15. Ernst & Young. (2024). Exploring crypto derivatives. https://www.ey.com/content/dam/ey-unified-site/ey-com/en-us/insights/financial-services/documents/ey-exploring-crypto-derivatives.pdf
  16. KPMG. (2023). Cryptoassets. https://kpmg.com/us/en/articles/2023/cryptoassets
  17. International Financial Reporting Standards (IFRS). Official website of IFRS Foundation. 2024. https://www.ifrs.org/supporting-implementation/supporting-materials-by-ifrs-standards/
  18. European Financial Reporting Advisory Group (EFRAG). (2020). Crypto-assets: Considerations on recognition and measurement. Retrieved July 20, 2025, from https://www.efrag.org/Assets/Download?assetUrl=/sites/webpublishing/SiteAssets/EFRAG%20Discussion%20Paper%20on%20Crypto-assets.pdf
  19. On approval of National Accounting Regulation (Standard) 8 "Intangible Assets": Order of the Ministry of Finance of Ukraine dated October 18, 1999, No. 242. URL: https://zakon.rada.gov.ua/laws/show/z0750-99
  20. EY. (2021). Applying IFRS: Accounting by holders of crypto assets (updated October 2021). https://www.ey.com/en_gl/technical/ifrs-technical-resources/accounting-by-holders-of-crypto-assets-updated-october-2021
  21. Verkhovna Rada of Ukraine. (2025, April 24). Draft Law No. 10225-d “On Amendments to the Tax Code of Ukraine and Certain Other Legislative Acts of Ukraine Regarding Regulation of Virtual Assets Circulation in Ukraine” [Draft law No. 10225-d “On Amendments to the Tax Code of Ukraine and Certain Other Legislative Acts of Ukraine Regarding Regulation of Virtual Assets Circulation in Ukraine”]. Retrieved from https://itd.rada.gov.ua/billinfo/Bills/pubFile/2873459
  22. European Union. (2023). Regulation (EU) 2023/1114 of the European Parliament and of the Council of 31 May 2023 on markets in crypto-assets, and amending Regulations (EU) No 1093/2010 and (EU) No 1095/2010 and Directives 2013/36/EU and (EU) 2019/1937 (MiCAR). Official Journal of the European Union, L 150/40. https://eur-lex.europa.eu/eli/reg/2023/1114/oj