EnzoDec 26, 2021 · 3 years ago5 answers How does the face value of a digital currency impact its valuation in accounting?
In accounting, the face value of a digital currency refers to the nominal value assigned to the currency unit. How does this face value affect the overall valuation of a digital currency in accounting practices? What factors are considered when determining the face value of a digital currency? How does the face value impact the financial statements and balance sheets of companies that hold digital currencies?