64th ISI World Statistics Congress

64th ISI World Statistics Congress

Issues in reflecting digital assets in the official statistics

Conference

64th ISI World Statistics Congress

Format: IPS Paper

Keywords: crypto assets, crypto-assets, digital assets, financial accounts, system of national accounts

Session: IPS 239 - Financial innovation and official statistics

Tuesday 18 July 2 p.m. - 3:40 p.m. (Canada/Eastern)

Abstract

This paper proposes an idea for how digital assets could be reflected in the financial accounts. Issues regarding the definition and classification are mainly discussed. In addition, to facilitate active discussions on digital assets in a comprehensive and consistent manner within the SNA framework, the issues of whether non-liability crypto assets should be classified either as financial or non-financial, and produced or non-produced assets in the case of non-financial assets are reviewed.