Managing crypto finances: accounting and tax guidelines for Finnish corporations : case: Coinmotion Oy
Leppänen, Tytti (2025)
2025
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2025060420403
https://urn.fi/URN:NBN:fi:amk-2025060420403
Tiivistelmä
This thesis, commissioned by the Finnish cryptocurrency broker Coinmotion Oy, aimed to implement a practical guide for Finnish limited liability companies on how to effectively manage their cryptocurrency assets and transactions within accounting and taxation.
The study explores the impact cryptocurrencies have on the financial landscape, serving as globally transferable value instruments that exceed traditional banking system while facing multiple regulatory and legal challenges.
The theoretical foundation is built on an extensive literature review that examines key aspects of cryptocurrency accounting and taxation, drawing from existing Finnish accounting laws and the Finnish Tax Administration's current guidelines. Additionally, the thesis delves into market trends and characteristics of leading cryptocurrencies and exchanges to provide a well-rounded understanding of the subject.
Informed by expert interviews and surveys, the research integrates insights from Coinmotion's customer-facing teams to refine the guide's content and focus, en-suring it addresses the practical needs and perspectives of both clients and the employees assisting them.
The outcome of this work is a 13-page detailed guide including visual accounting examples for various assets type. It also higlights the importance of understand-ing portfolio management and incorporation cryptocurrencies into a company’s operations in accodance with generally accepted accounting principles.
(DeFi) and real-world asset tokenization presents exciting opportunities in the financial sector while posing challenges for tax authorities and requiring detailed planning with financial professionals to navigate the evolving landscape correctly.
The study explores the impact cryptocurrencies have on the financial landscape, serving as globally transferable value instruments that exceed traditional banking system while facing multiple regulatory and legal challenges.
The theoretical foundation is built on an extensive literature review that examines key aspects of cryptocurrency accounting and taxation, drawing from existing Finnish accounting laws and the Finnish Tax Administration's current guidelines. Additionally, the thesis delves into market trends and characteristics of leading cryptocurrencies and exchanges to provide a well-rounded understanding of the subject.
Informed by expert interviews and surveys, the research integrates insights from Coinmotion's customer-facing teams to refine the guide's content and focus, en-suring it addresses the practical needs and perspectives of both clients and the employees assisting them.
The outcome of this work is a 13-page detailed guide including visual accounting examples for various assets type. It also higlights the importance of understand-ing portfolio management and incorporation cryptocurrencies into a company’s operations in accodance with generally accepted accounting principles.
(DeFi) and real-world asset tokenization presents exciting opportunities in the financial sector while posing challenges for tax authorities and requiring detailed planning with financial professionals to navigate the evolving landscape correctly.