In our Toolkit podcast series, we are taking a deep dive into one accounting topic each month that goes beyond the basics and into areas that require judgment. This month, we are covering digital assets–from the total landscape to the accounting and reporting impacts.In this episode, Heather Horn was joined by Vikram Panjwani, a partner in PwC’s Digital Assurance and Transparency practice, to discuss the history, evolution, and current state of digital assets.In this episode, you will hear:1:27 - An overview of types of digital assets7:23 - A historical perspective on cryptocurrency assets and appreciation of coins13:31 - Stablecoins and a deep dive into the pros and cons of cryptocurrency as a method of payment25:20 - Non-fungible tokens (NFTs): definitions, uses, and features32:21 - Risk management within cryptocurrency ecosystems–explained from the user, investor, and regulatory perspectives38:08 - How ESG is influencing decision makers and the cryptocurrencies market41:18 - The future of money: how crypto could shape everyday transactionsWant to learn more? Listen to our previous podcast, Cryptocurrency? Digital asset? What’s the accounting?, read our recent publication on new SEC rules for crypto-assets, and read our Crypto assets guide.Vikram Panjwani is a partner in PwC’s Digital Assurance and Transparency practice with over 20 years of experience helping clients address internal control, technology, and operational issues. He leverages assurance and controls assessments to help clients transform operations, reduce technology risks, and prepare for what’s around the corner.Heather Horn is PwC’s National Office thought leader, responsible for developing our communications strategy and conveying firm positions on accounting and financial reporting matters. She is the engaging host of PwC’s accounting and reporting weekly podcast and quarterly webcast series. With over 30 years of experience, Heather’s accounting and auditing expertise includes financial instruments and rate-regulated accounting.Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to us_podcast@pwc.com.