{"id":"tp-3529","type":"article-newspaper","title":"IFRS interpretations committee defines cryptocurrencies as “intangible asset”","author":"Shampa Mani","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/regulation/3529","datePublished":"2019-09-23T11:15:09.000Z","dateModified":"2019-09-23T11:15:09.000Z","language":"en","abstract":"In a decision made in June, the International Financial Reporting Interpretations Committee (IFRIC) said that cryptocurrencies, such as bitcoin, are neither legal tender nor financial products.","section":"Regulation","references":[{"title":"Korea Times","url":"http://www.koreatimes.co.kr/www/biz/2019/09/175_276003.html"},{"title":"IFRIC","url":"https://www.oxfordreference.com/view/10.1093/oi/authority.20110803100007588?rskey=E63J3V&result=6"},{"title":"IFRS","url":"https://www.ifrs.org/"},{"title":"According to the committee","url":"https://www.ifrs.org/projects/2019/holdings-of-cryptocurrencies/"},{"title":"Donate","url":"https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=GD9D8CPW8HFA2"},{"title":"TokenPost","url":"https://www.tokenpost.com"}]}