Janko Gorter

Janko Gorter is the Head of DNB’s Financial Market Infrastructures department. In this
capacity he is responsible for the development of the Dutch central bank’s crypto and digital
currency policy, blockchain experimentation, central counterparty and central securities depository policy, sector crisis management
and market infrastructure research.

Janko is a member of the BIS Committee of Payments and Market Infrastructures. Previously
he co-chaired the BCBS Task Force on Financial Technology. His past role at DNB was Head of
Supervisory Strategy. Janko’s academic background is in Economics. He graduated from the
University of Groningen in 2005, and obtained his doctorate degree at this same university in

Coping with Cryptocurrencies

Everyone has heard about the extreme volatility of cryptocurrencies. Over the last couple of months, the price and popularity of these coins are slowly recovering to pre-crash levels. This resulted in the rapid growth of companies accepting them as a payment method, Thuisbezorgd.nl for example. However, very little is specified about owning these currencies as a company. There are four views on where to record cryptocurrencies: cash (equivalent), financial instruments, intangible assets and inventory. It is also possible for companies to directly convert them into regular currency. Currently, there are various rules on the recording of cryptocurrencies in the bookkeeping. Why do companies accept cryptocurrencies and what happens with the cryptocurrencies once they receive them?

Back to top
Janko Gorter