Over the past few years, digital currency has earned the reputation for being the easiest and most efficient way to move money across international borders. Experts say the ability to accelerate the flow of money at a reduced cost, along with the fear of surveillance and the impact of war on the local currency are the primary reasons why Ukrainian government officials recently began requesting donations in cryptocurrency.
Testing Digital Asset
Testing Digital Asset
At Prager Metis, we are at the forefront of evolving regulations and actively participate in discussions regarding accounting policies in the cryptocurrency and blockchain industry. With underlying changes in technology, our experts are constantly pushing through boundaries and will offer strategic and knowledgeable insights.
Prager Metis works with different companies in the digital assets space, from an audit, tax, and advisory perspective, including a top-three global cryptocurrency exchange globally and one of the largest real estate tokenization’s in the U.S., as well as serving a top-five Global NFT company. As a leader in the digital assets industry, Prager Metis is constantly expanding, and our experts stay current with industry trends, such as NFT’s and clients conducting transactions in the metaverse.
Our team takes a hands-on approach and will look beyond the realm of traditional accounting to help your business with the challenges of underlying technology and compliance requirements. With offices in North America, Europe, Asia, and the Metaverse, Prager Metis can work with you wherever you are.
As the first CPA firm to establish office space in the Metaverse, other businesses and major financial institutions are also buying land in Decentraland. There is a prediction that the Metaverse will create a yearly market opportunity of $1 trillion.
Prager Metis is quickly gaining recognition in the Metaverse. So much so that Prager Metis was coined a “pioneering company” for acquiring land and office in the Metaverse. The Entrepreneur’s article
Recently Glenn L. Friedman, CPA, CGMA, CEO of Prager Metis, was quoted in CPA Practice Advisor’s article “States Looking at Taxing the Metaverse, But What is It?”.
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