Current accounting practices for bitcoins

الملخص EN

The rapid development of cryptocurrencies has attracted the attention of investors, speculators, regulators, and academics in recent years.

A large amount of research has been devoted to the pricing mechanisms of cryptocurrency markets, the drivers of volatility and the diversification potential of cryptocurrencies.

(Kurka, 2019, P.38).

bitcoin is the best-known cryptocurrency which currently holds the largest market capitalization and is regarded as a standard example of a cryptocurrency.

( Jaywant, 2019, P.147) bitcoin has emerged as the most popular virtual currency, and maintains the greatest share ahead of its competitors; the Ethereum, Ripple, Litecoin and bitcoin Cash.

(Vardar & Aydogan, 2019, P.2 )