Transacting in Crypto-Assets for Small and Medium-Sized Enterprises (SMEs)
Bitcoin and other crypto-assets rely on blockchain technology to enable businesses to make transactions without an intermediary such as a bank or other financial institution. Crypto-assets also have unique characteristics that differ from traditional asset classes. These characteristics pose new challenges for businesses, especially around security and internal controls.
SMEs thinking of using or accepting crypto-assets as a form of payment need to understand crypto-assets and design an
effective control environment that can ensure the security of those assets.