- More and more companies worldwide are using cryptocurrency for investment, operational, and transactional purposes.
- This presents both opportunities and challenges. Companies should have a clear understanding of why they are using cryptocurrency and a list of questions to consider.
- Crypto may provide access to new demographic groups, spur internal awareness, introduce new investment and liquidity options, enable real-time revenue-sharing, and serve as an alternative or balancing asset to cash.
- Using crypto in daily operations could help develop new means of innovative commerce.
- Companies should navigate important onboarding issues, such as regulatory, accounting, and tax issues.
- There are two primary paths for using crypto: investing and operations.
Source Deloitte
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