Valuation standards needed for digital assets

BVWireIssue #234-2
March 9, 2022

business valuation standards & regulations
appraisal standards, valuation standards, digital assets, cryptocurrency

“An agreed-upon reliable valuation method does not exist for cryptocurrencies in 2022,” say the authors of a new paper, “Digital Asset Valuation.” This has led to uncertainty and confusion among investors and managers. The paper evaluates the existing asset valuation methods and their limited application to digital assets before contrasting new and evolving digital asset valuation trends. The authors conclude: “The industry would benefit from uniform standards for digital asset valuation.” The paper’s authors are Wulf A. Kaal (University of St. Thomas, Minnesota—School of Law), Samuel Evans (PricewaterhouseCoopers LLP), and Hayley Howe (Emerging Technology Association).
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