Which fiscal year are we currently in for cryptocurrencies?

3 answers

• Nov 23, 2021 · 3 years ago
  The fiscal year for cryptocurrencies is typically the same as the calendar year. This means that the current fiscal year for cryptocurrencies is the same as the current calendar year. For example, if we are currently in the year 2022, then the fiscal year for cryptocurrencies would also be 2022. This is the standard practice followed by most companies and organizations in the cryptocurrency industry.
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• Nov 23, 2021 · 3 years ago
  In the world of cryptocurrencies, the fiscal year is determined based on the company's accounting period. Each company may have a different fiscal year start and end date, depending on their internal policies. It's important to note that the fiscal year for cryptocurrencies may not align with the traditional fiscal year used in other industries. Therefore, it's always a good idea to check the specific company's financial reports or consult with their investor relations department to determine the exact fiscal year for cryptocurrencies.
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• Nov 23, 2021 · 3 years ago
  According to BYDFi, one of the leading cryptocurrency exchanges, the fiscal year for cryptocurrencies is determined based on the company's incorporation date. This means that the fiscal year may vary for different exchanges, depending on when they were established. It's important for investors and traders to be aware of the fiscal year of the exchanges they are dealing with, as it can have implications on financial reporting and tax obligations. It's recommended to consult with a tax professional or financial advisor for specific guidance regarding the fiscal year for cryptocurrencies.
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