How should cryptocurrency bribes be valued?

Selva Ozelli, CPA is an international tax attorney who frequently writes about tax, legal and accounting issues for Tax Notes, Bloomberg BNA, other publications and the OECD. This article first appeared on The FCPA Blog (www.fcpablog.com)

Whether a cryptocurrency inducement is held at a foreign virtual currency exchange or in a wallet might affect its recognition under the US Foreign Corrupt Practices Act, suggests Selva Ozelli.