Digital currencies such as bitcoin and blockchain technologies have gained traction in Singapore and across Asia Pacific recently. However, the accounting profession has not caught up with the speed of digital innovation. There is yet to be official guidance by accounting standard setters. Our article, Digital Currencies: Accounting for Transactions and Holdings, analyses the potential accounting treatment for digital currencies transactions and holdings based on existing accounting standards. The article asserts that accounting should support business decisions and hence accountants should embrace the digital age and start to equip themselves with the relevant knowledge of accounting for digital currencies. On the tax treatment of digital currencies, Inland Revenue Authority of Singapore (IRAS) has in 2014 released some guidelines and these were described in our article in Oct 2015: Understanding the Tax Implications. The intended audiences of these materials are professional accountants in business and tax professionals who are interested in knowing more about the potential accounting treatment and tax implications of digital currencies.