Easy and Simple Trading Tools
DIGITAL CURRENCY
"Embracing innovation is crucial to moving forward and shaping our present and future. The moment we cease to innovate is the moment we accept stagnation and limit our potential for growth." - Vincent Santeng (Partner & PMCT UK CEO)
With extensive experience and active involvement in the technology sector, PMCT Accountants & Consultants have been at the forefront of supporting digital economy pioneers. We understand the evolving landscape of the digital economy and have been assisting market participants, including central banks and cryptocurrency stakeholders, in adapting to the rise of digital currencies.
CENTRAL BANK DIGITAL CURRENCY
Digital currency encompasses a wide range of currencies, with a key distinction being whether they are backed by a central bank as legal tender or not. We are witnessing a growing trend where central banks and tax authorities are collaborating to explore and create an enabling environment for the use of technology-driven currencies. Interestingly, the development and adoption of digital currencies in emerging markets are being primarily driven by technology companies rather than traditional banks. These markets are at the forefront of embracing digital currency transformations and exploring innovative approaches to financial transactions.
CRYPTOCURRENCY
Cryptocurrency is a digital asset that functions as a medium of exchange. It relies on cryptography to secure transactions and control the creation of new units. Unlike traditional currencies, cryptocurrency is decentralised and not regulated by any central authority. This decentralisation provides users with increased financial privacy and protection against government interference. As experts in the field, PMCT Accountants & Consultants understand the complexities of cryptocurrency transactions and are experienced in accurately recording them for our clients. With our extensive knowledge and experience as cryptocurrency trainers and accountants, we can provide comprehensive guidance and support in navigating the world of digital currencies.
CRYPTO CURRENCY LIFE CYCLE
PMCT Accountants & Consultants have extensive experience in assisting cryptocurrency participants with the management and preparation of operational accounts. Our comprehensive service covers the entire cryptocurrency life cycle, including mining, trading, and post-trading activities. From setting up accounts and wallets to managing transactions and ensuring tax compliance, we provide a range of services to support your cryptocurrency investments. Our team of experts is well-versed in the intricacies of the cryptocurrency market and can offer valuable guidance and advice to help you maximise your investment potential.
Technology Use
PMCT Accountants & Consultants embraces cryptocurrency technology, including blockchain and hashgraphs, to optimise accountancy processes. These technologies ensure secure, transparent, and efficient record-keeping and transaction processing. With reduced costs and increased accuracy, we enhance transparency and streamline operations by securely storing financial records, automating payments, and improving audit efficiency.
Brockchain Ledgers
Blockchain ledgers offer a decentralised and secure digital ledger for data storage and transfer, benefiting accountants with cost-effective and efficient financial data management. With quick and secure transaction processing, account reconciliation improves. Blockchain ensures real-time transparency, data security, and transaction accuracy, keeping us competitive and providing clients with top-notch service.
Cryptocurrency Trading Cycle and Conversions
At PMCT Accountants & Consultants, we provide comprehensive cryptocurrency trading services. Our experienced professionals offer personalised guidance for secure and efficient trading and conversions. With our tailored advice and expertise in taxation laws, you can trade cryptocurrencies confidently and remain compliant.
Cryptocurrency Position and Risk Management
At PMCT Accountants & Consultants, we specialise in cryptocurrency risk management. Our experienced team provides strategies to identify and mitigate risks in investments, including portfolio monitoring and diversification. We offer guidance on market, liquidity, and operational risks associated with cryptocurrencies to help you make informed decisions in this dynamic market.
Cryptocurrency Accounting and Reporting
At PMCT Accountants & Consultants, we prioritise accounting cryptocurrencies as intangible assets. Our expert team is well-versed in taxation, accounting, and regulatory compliance for cryptocurrency transactions. We ensure accurate and timely reporting, staying updated on regulations for client compliance. Trust us for precise and professional cryptocurrency accounting and reporting.
Cryptocurrency Compliance and Tax Strategy
At PMCT Accountants & Consultants, we excel in cryptocurrency compliance and tax strategy. Our experienced professionals offer comprehensive services, including tax returns, guidance, and support, ensuring full compliance with digital asset regulations. Choose us for peace of mind and top-notch management of your cryptocurrency assets.