FinTech and Crypto Assets

An Internal Control System and Risk Management Perspective in the Digital Economy
Erscheinungsjahr 2027
ISBN: 978-3-032-37074-7
Verlag: Palgrave Macmillan

Buch, Englisch, Format (B × H): 148 mm x 210 mm

Reihe: Palgrave Studies in Financial Services Technology

This book explores how FinTech and crypto-asset ecosystems are transforming financial and organizational processes while creating new challenges for internal control, risk management, and reporting. The volume is structured into three parts. The first introduces digital finance and tokenized economies, examining how token design influences governance structures, control systems, and risk exposure. It also develops an Enterprise Risk Management (ERM) framework tailored to blockchain-based organizations. The second part addresses the administrative, accounting, and compliance dimensions of crypto assets, covering regulatory classification, the MiCA framework, the roles of issuers and service providers, custody arrangements, and the crypto-asset life cycle. It further discusses recognition, measurement, valuation, and disclosure issues under IFRS, US GAAP, and emerging accounting approaches. The third part applies the proposed ERM framework to four case studies, illustrating how rapid growth and technological innovation can coexist with weaknesses in governance, controls, and reporting. The analysis highlights the importance of integrating blockchain records with legal, accounting, and organizational evidence to support sustainable value creation. Combining conceptual foundations with real-world applications, the book provides a valuable reference for academics, practitioners, and students interested in FinTech, blockchain, and crypto assets.

Zielgruppe

Research

Autoren/Hrsg.

Scirè, Giovanni

Bivona, Enzo

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Management
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines
• Interdisziplinäres Wissenschaften Wissenschaften: Forschung und Information Risikobewertung, Risikotheorie

Inhaltsverzeichnis

Part I – Foundations, Internal Control System and Digital Finance.- 1. Digital finance and tokenized economies.- 2. Internal Control Systems in Blockchain-Based Environments.- 3. Enterprise Risk Management, Governance and Control in FinTech and Crypto-Asset Ecosystems.- Part II – Administrative, Accounting and Compliance Logic of Crypto-Assets.- 4. The Administrative Logic of Crypto-Assets.- 5. The Accounting Logic of Crypto-Assets: Classification, Measurement and Financial Reporting.- 6. The Compliance Logic of Crypto-Assets.- Part III – Case Studies of Risk and Collapse in Blockchain-Based Organizations.- 7. Case Evidence and Integrated Enterprise Risk Management for Blockchain-Based Organizations: FTX, Terra/Luna, Celsius and The Rock Trading.

Über Autor(innen)

Giovanni Scirè is Assistant Professor in Business Management at the Department of Political Sciences and International Relations (DEMS), University of Palermo. His research focuses on organized crime, sustainability, and digital innovation. Drawing on performance management and System Dynamics approaches, he investigates sustainable business models and the implications of technological change. His recent work examines crypto assets from accounting, risk management, internal control, and regulatory perspectives.

Enzo Bivona is Associate Professor of Business Management at the Department of Political Sciences and International Relations (DEMS), University of Palermo, where he serves as Vice-Dean and Vice-Director of the University Technology Transfer Centre (UT2C). His research focuses on performance management, internal control systems, risk management, and organized crime. Integrating system dynamics with strategic management, he investigates business model innovation and sustainable value creation, with particular attention to SMEs, entrepreneurial development, and organizational resilience.