What are the practical accounting issues and challenges for the preparers of financial statements related to cryptocurrencies?

Impact of Cryptocurrencies (digital assets) on financial reporting.

• What are the practical accounting issues and challenges for the preparers of financial statements related to cryptocurrencies?
• What type of asset is a cryptocurrency and how should changes in their value be reflected in profit and loss, and when?
• Issues about accounting for revenues and disclosures of information in financial statements.
• Risk factors related to accounting for cryptocurrencies.