What topics does the Tokenbooks blog cover?

We cover crypto accounting, tax compliance, DeFi accounting, cost basis methods, product updates, and engineering deep-dives.

How often do you publish new articles?

We publish new guides and articles regularly. Subscribe to our RSS feed at /blog/feed.xml to stay up to date.

Resources

Blog

Crypto accounting insights, tax guides, and product updates from the Tokenbooks team.

All Guides Crypto Tax DeFi Product Updates Engineering Compliance

Cover reading "Seven questions. Zero context-switching," beside a diagram of wallet and bank activity converging into one reconciled answer.

product updates9 min read

Agentic crypto accounting is here: no more waitlist

Agentic crypto accounting is now self-serve: connect Claude, ChatGPT, or your own agent and reconcile on-chain and bank activity in plain English. Free to start, no call needed.

Pavel Kudinov

Sep 22, 2026

Cover reading "The token may be technically fungible. Tax basis is not.", the second line set in violet, beside two dark navy circles each paired with a rounded bar, the upper bar dark navy and the lower bar violet, on a pale dotted background

crypto tax21 min read

ERC-20 Token Tax: Lots, Gas and Character

ERC-20 token tax needs its own ledger: character before arithmetic, wallet lots in the US, averaging in Canada, pooling in the UK, and gas as a separate disposal.

Maksym Buhai

Sep 16, 2026

Cover reading "One crypto account is not enough.", beside a two-by-two grid of four rounded panels, the first filled solid charcoal with three pale bars and the other three drawn in dashed violet outline on a pale lilac fill

guides21 min read

ERC-20 Token Journal Entries: A Complete Worked Example

ERC-20 token journal entries for one LINK holding across a year: settlement, a DEX swap, an allowance, a failed transfer, gas, remeasurement and tax basis.

Maksym Buhai

Sep 15, 2026

Cover reading "Three prices. Two seconds. None of them is wrong.", above a horizontal track on a pale lavender panel dotted with a faint grid, where three large near-black circles sit evenly along a thick violet line that fades into pale grey at each end

guides15 min read

ERC-20 Token Valuation for Accounting: Which Price to Use

ERC-20 token valuation in practice: principal market, price source, timestamp convention, thin markets, one fallback ladder, and the evidence that makes a number defensible.

Maksym Buhai

Sep 14, 2026

Cover reading "Classification drives measurement.", beside two rounded bars on a pale lavender panel dotted with a faint grid, the taller left bar carrying a bright violet upper segment above a near-black base and the shorter right bar solid near-black with no violet at all

compliance18 min read

ERC-20 Token Scope: ASC 350-60, IAS 38 and Carrying Amount

ERC-20 token scope decides the standard before measurement starts: IAS 38 or IAS 2 under IFRS, six ASC 350-60 criteria under US GAAP, and the carrying amount each produces.

Maksym Buhai

Sep 11, 2026

Cover reading "One billion LINK. The contract emitted nothing.", beside a tall solid charcoal panel and a column of four empty rounded rows drawn in dashed violet outline on a faint dotted grid

guides19 min read

Why a Token Balance Is Not an Accounting Record

Why a token balance is not an accounting record: balance queries, Transfer logs, allowances, ticker collisions, block-pinned cut-off and evidence.

Maksym Buhai

Sep 10, 2026

Cover reading "A token can be useful without being a receivable.", beside a grid of fifteen rounded squares in three rows of five, the first thirteen filled solid charcoal and the last two drawn as empty dashed violet outlines

guides15 min read

What Does the Holder of an ERC-20 Token Actually Own?

What does the holder of an ERC-20 token own? How to separate a contract balance from a legal claim, using contract evidence, allowances, permit signatures and custody terms.

Maksym Buhai

Sep 9, 2026

Cover reading "One ticker. Four contracts." above a wide violet pill labelled LINK, joined by four short stems to four empty rounded rectangles outlined in black on a pale dotted background

guides16 min read

ERC-20 Tokens for Accountants: Chain, Contract, Balance

A plain ERC-20 token is identified by its chain and its contract, not its ticker. How decimals, proxies, allowances and ETH gas shape the accounting record.

Maksym Buhai

Sep 8, 2026

Cover reading "One question. Seven published positions.", beside seven stacked horizontal bars of varying width, the top six solid charcoal and the last one solid violet

compliance14 min read

Ethereum Accounting Guidance Gaps: What Standards Do Not Answer

Which Ethereum accounting questions remain open under IFRS, US GAAP and major tax regimes, separating settled rules, judgement and genuine guidance gaps.

Maksym Buhai

Sep 7, 2026

Cover reading "EU-wide is not tax-complete", beside three solid charcoal bars stacked above a fourth bar of the same size drawn in a dashed violet outline

crypto tax13 min read

Ethereum Tax in the EU: What Is Actually EU-Wide?

What EU-wide Ethereum tax rules actually exist: DAC8 crypto reporting, MiCA, VAT and CJEU authority, and the point where Member State tax law takes over.

Maksym Buhai

Sep 4, 2026

Cover reading "Moving your own ETH is not a sale. The gas is still a disposition", beside a solid charcoal panel stacked above an empty panel of the same size drawn in a dashed violet outline

crypto tax19 min read

Ethereum Tax in the United States: Basis, Gas and Staking

US federal tax treatment of native ETH for accountants, including staking rewards, gas, own-wallet transfers, basis identification, 1099-DA and reporting.

Maksym Buhai

Sep 2, 2026

Cover reading "CRA has a rule for selling ETH. No specific guidance identified for the validator.", above a solid charcoal rounded panel set beside an empty panel of the same size drawn in a thick dashed violet outline

crypto tax17 min read

Ethereum Tax in Canada: Capital Gains, Staking and GST/HST

Canadian tax treatment of native ETH: capital versus business account, staking, gas, GST/HST, adjusted cost base, the section 261 election and reporting.

Maksym Buhai

Sep 1, 2026

Cover reading "A transaction list is not a complete population", beside a five-row list in which three rows pair a solid charcoal square with a solid charcoal bar and two rows pair an empty dashed violet square with a pale grey bar

compliance16 min read

Ethereum Accounting Controls: Records and Reconciliation

An Ethereum close manual: evidence tiers, finalized-block cutoff, validator records, gas and reward reconciliation, own-address and book-to-tax controls.

Maksym Buhai

Aug 31, 2026

Cover reading "Guidance ends. Judgement begins", above five rows of charcoal ticks and bars of shortening length, the last tick violet against a pale grey bar

compliance16 min read

What Accounting Standards Still Do Not Answer About Bitcoin

Where Bitcoin accounting guidance still requires judgment in 2026, including mining, custody, lending, lost keys, Lightning, tax gaps and crypto transfers.

Maksym Buhai

Aug 28, 2026

Cover reading "Reported EU-wide. Taxed at home", beside a violet-outlined panel holding a scattered grid of small rounded squares in charcoal, grey and pale lilac

crypto tax9 min read

Bitcoin Tax in the EU: What DAC8 and VAT Actually Cover

There is no single Bitcoin tax EU rulebook. What DAC8 reporting and the Hedqvist VAT judgment actually cover in 2026, and what Member States still decide.

Maksym Buhai

Aug 27, 2026

Cover reading "Bitcoin isn't money here. It's property", beside a solid charcoal panel and a taller empty panel drawn in a dashed violet outline

crypto tax14 min read

Bitcoin Tax in the United States: Basis, Mining and 1099-DA

How US federal Bitcoin tax works: property treatment, sales, swaps, spending, mining, wallet-by-wallet basis, Form 1099-DA and the extended 2026 IRS relief.

Maksym Buhai

Aug 25, 2026

Cover reading "The rate is the last question", above a solid violet disc facing a thick charcoal ring with a wedge cut out of the side that faces it

crypto tax15 min read

Bitcoin Tax in Canada: Capital Gains, ACB, Mining and GST/HST

Bitcoin tax Canada for accountants: capital vs business income, adjusted cost base, crypto swaps, spending, mining, fees, GST/HST and the CRA records rules.

Maksym Buhai

Aug 24, 2026

Cover reading "Tied out to the satoshi. Still wrong", beside a five-row checklist of charcoal ticks and bars in which one row is an empty dashed violet box against a pale grey bar

compliance14 min read

Bitcoin Accounting Reconciliation: Records and Controls

A Bitcoin accounting reconciliation guide for the close: wallet evidence, UTXOs, book lots, custodians, mining pools, Lightning, valuation and controls.

Maksym Buhai

Aug 21, 2026

Cover reading "Balancing is the easy part", above a two-column T-account of charcoal bars of differing widths, ruled across the top and underlined in violet

guides17 min read

Bitcoin Journal Entries: A Complete Worked Accounting Example

A full-year Bitcoin accounting example: purchase, mining-pool revenue, wallet transfers, network fees, a sale, a supplier payment, IFRS impairment and US GAAP.

Maksym Buhai

Aug 20, 2026

Cover reading "Down only, for a decade. Now both ways", beside a pale arrow pointing only downwards and, across a vertical rule, a violet arrow pointing both up and down

compliance14 min read

Bitcoin Accounting Under US GAAP: ASC 350-60 and Fair Value

Bitcoin accounting under US GAAP: ASC 350-60 scope, effective date and transition, fair value through net income, derecognition, disclosure and cash flow.

Maksym Buhai

Aug 19, 2026

Cover reading "One quantity. Two carrying amounts.", beside a solid charcoal panel stacked above a slightly narrower panel of the same height drawn in a dashed violet outline

guides20 min read

Ethereum Journal Entries: A Complete Worked Example

A worked Ethereum example: journal entries for receipts, purchases, gas, staking rewards, a failed transaction, IFRS impairment and US GAAP fair value.

Maksym Buhai

Aug 18, 2026

Cover reading "Four prices. All correct. One is yours", beside four bars stepping down in height, the first three charcoal and the last violet and taller than the one before it

guides13 min read

Bitcoin Valuation for Accounting: Which BTC Price to Use

Bitcoin valuation for accounting: pick a defensible BTC price using principal-market analysis, timestamps, price fields, source controls and fallback policy.

Maksym Buhai

Aug 13, 2026

Cover reading "ASC 350-60 does not tell you how the ETH got there", beside a solid charcoal panel stacked above an empty panel of the same size drawn in a dashed violet outline

compliance20 min read

Ethereum Accounting Under US GAAP: ASC 350-60 Explained

Ethereum accounting under US GAAP: ASC 350-60 scope test, fair value, native staking, gas and transaction costs, derecognition, disclosures and ASC 740.

Maksym Buhai

Aug 12, 2026

Cover reading "Book the event, not the transaction", above a long charcoal arrow pointing right and a violet arrow of the same length pointing back to the left

guides19 min read

How to Account for Bitcoin Transactions, Event by Event

How to account for Bitcoin transactions event by event: purchases, customer receipts, fees, self-transfers, custody, sales, lending, losses and period-end.

Maksym Buhai

Aug 11, 2026

Cover reading "The chain is evidence. Not a ledger", beside a T-account whose left column holds four solid charcoal bars and whose right column holds one bar above an empty dashed violet box

guides17 min read

Why the Bitcoin Blockchain Is Not an Accounting Ledger

The Bitcoin blockchain proves protocol events, not ownership, purpose or basis. Why UTXOs are not accounting lots and what evidence your books still need.

Maksym Buhai

Aug 7, 2026

defi12 min read

How to account for Aave

Learn how to account for Aave supplies, borrows, repayments, rewards, and liquidations with accountant-friendly journal entries and plain-English guidance.

Pavel Kudinov

Aug 6, 2026

Cover reading "Five rows read BTC. One is Bitcoin", above five identical rounded squares outlined in charcoal, only the second of them filled solid violet

guides14 min read

What Do You Own When You Hold Bitcoin? Ownership and Custody

Bitcoin ownership and custody for accountants: telling native BTC from safeguarded property, an exchange claim, collateral, a BTC receivable or borrowed BTC.

Maksym Buhai

Aug 5, 2026

Cover reading "One reward. Two ledgers. Three addresses.", beside a solid charcoal panel stacked above an empty panel of the same size drawn in a dashed violet outline

guides17 min read

Ethereum Staking Rewards Accounting: Recognition and Measurement

Accounting for native Ethereum staking rewards: consensus and execution streams, recognition timing, aggregation, measurement and revenue classification.

Maksym Buhai

Aug 4, 2026

Cover reading "A wallet export is not a bank statement", beside a solid charcoal panel stacked above an empty panel of the same size drawn in a dashed violet outline

guides13 min read

Bitcoin for Accountants: The Technical Concepts You Actually Need

A Bitcoin primer for accountants: what BTC, wallets, keys, UTXOs, change outputs, network fees, confirmations, mining and Lightning mean for your ledger.

Maksym Buhai

Aug 3, 2026

Cover reading "Ethereum has no closing bell. The convention comes first.", beside a solid charcoal panel labelled 23:59:00 UTC stacked above a panel of the same size labelled 00:00:00Z drawn in a dashed violet outline

guides12 min read

Ethereum Valuation for Accounting: Which ETH Price to Use

How to value ETH for accounting: principal market, fair value, price source, timestamps, 24/7 markets, staking-reward measurement, fallbacks and evidence.

Maksym Buhai

Jul 30, 2026

Cover reading "Some ETH events have no transaction at all", beside three stacked rounded panels in which the top and bottom are solid charcoal and the middle one is empty, drawn in a dashed violet outline

guides16 min read

How to Account for Ethereum Transactions, Event by Event

An event-driven guide to accounting for ETH receipts, purchases, sales, swaps, own-wallet transfers, custody, lending, native staking and the period end.

Maksym Buhai

Jul 29, 2026

Cover reading "The base fee is always burned. There is no payee.", beside a solid charcoal panel stacked above an empty panel of the same size drawn in a dashed violet outline

guides14 min read

Ethereum Gas Fee Accounting: EIP-1559, Burns and Failures

Ethereum gas fees for accountants: EIP-1559 mechanics, gas used versus gas limit, burned base fees, failed transactions, lot consumption, IFRS and US GAAP.

Maksym Buhai

Jul 28, 2026

Cover reading "The balance rose. No transaction named the entity", beside a solid charcoal bar above a grid of twenty-four small charcoal blocks and an empty panel of the same width drawn in a dashed violet outline

guides16 min read

Why the Ethereum Blockchain Is Not an Accounting Ledger

Why Ethereum data is not an accounting ledger: internal transfers, traces, validator records, finality, ownership evidence and a six-layer separation.

Maksym Buhai

Jul 27, 2026

Cover reading "A screen can say ETH and mean something else", beside a solid charcoal panel stacked above two panels of the same size drawn in dashed violet outline

guides13 min read

What Do You Own When You Hold ETH? Native ETH Ownership

A position-by-position guide to ETH ownership: self-custody, custodians, validator deposits, withdrawal control, lending, collateral and asset identity.

Maksym Buhai

Jul 24, 2026

Cover reading "The balance that grows is the one no block explorer will show", beside a solid charcoal panel stacked above three dashed violet outlines of increasing width

guides15 min read

Ethereum for Accountants: The Concepts You Actually Need

An Ethereum primer for accountants: native ETH, the account model, wei, wallets, transactions, finality, smart contracts, delegation and native staking.

Maksym Buhai

Jul 23, 2026

a pile of bitcoins sitting on top of a pile of gravel

crypto tax12 min read

Staking tax implications: when a crypto deposit isn't a sale

Staking tax implications turn on one question: did you give up ownership? Learn when a crypto deposit is a taxable sale and when the receipt token is just a marker.

Pavel Kudinov

Jul 15, 2026

compliance8 min read

Closing the books on crypto: how period close should work

A guide to crypto period close: what a real close needs, what accountants and the standards require, and how Tokenbooks seals a period with permissions and an audit trail.

Pavel Kudinov

Jun 23, 2026

person in black suit jacket holding white tablet computer

guides13 min read

Web3 budget tracking: how Tokenbooks helps finance teams

Web3 budget tracking in Tokenbooks connects payments, cost centers, counterparties, bank imports, and P&L reporting in one accounting workflow.

Pavel Kudinov

Jun 2, 2026

finance professionals reviewing a month-end close checklist

compliance9 min read

Stablecoin month-end checklist for finance teams

A practical stablecoin month-end checklist for lean finance teams that need cleaner close workflows, better reconciliations, and tax-ready records.

Pavel Kudinov

May 24, 2026

a person signing financial documents at a desk

compliance12 min read

Digital asset accounting: FASB fair value rules explained

FASB ASU 2023-08 changed accounting for qualifying crypto assets. Learn the scope, fair value, disclosure, and transition requirements.

Pavel Kudinov

May 15, 2026

a gavel and legal documents on a wooden surface

compliance11 min read

SAB 121 crypto custody: what changed and why

SAB 121 crypto custody guidance made banks record a safeguarding liability. Learn what it required, why it was controversial, and how SAB 122 changed the path.

Pavel Kudinov

May 6, 2026

A computer circuit board with a brain on it

product updates7 min read

Tokenbooks now speaks MCP: agent-native crypto accounting

Early preview: a first-party MCP server lets Claude, ChatGPT, or your own agent drive Tokenbooks with the same audit trail and review gates your controllers already trust.

Pavel Kudinov

Apr 27, 2026

A weighing scale on a wooden surface — the balance metaphor for liability and reporting

guides8 min read

If You Owe 1 BTC, What Is Your Liability Worth?

For treasury reporting, a crypto liability usually needs a current settlement view, not just historical cost. Here is why that matters.

Pavel Kudinov

Apr 16, 2026

a calculator and financial documents on a desk

crypto tax11 min read

Crypto Tax Accounting: Rules, Methods, and Reporting

Learn how crypto tax accounting works, which transactions are taxable, how to calculate gains and losses, and what reporting rules apply in the US and internationally.

Pavel Kudinov

Mar 4, 2026

Space Shuttle Challenger launches from Kennedy Space Center

product updates5 min read

Welcome to Tokenbooks: Crypto Accounting Built for Web3

Tokenbooks is a crypto accounting platform for investors, DAOs, and businesses. Automate portfolio tracking, tax compliance, and financial reporting.

Pavel Kudinov

Feb 24, 2026

a pile of gold bitcoins sitting on top of each other

crypto tax8 min read

What Is Cost Basis Tracking for Crypto?

Understand crypto cost basis tracking, why it matters for tax compliance, which accounting methods apply, and the most common mistakes investors make with lot-level records.

Pavel Kudinov

Jan 22, 2026

a calculator sitting on top of a piece of paper

guides15 min read

The Complete Guide to Crypto Accounting

Learn how to track, classify, and report cryptocurrency transactions for accurate books and tax compliance, covering DeFi, multi-chain, cost basis methods, and journal entries.

Pavel Kudinov

Jan 15, 2026