Accounting for cryptocurrency transactions and auditing is complex due to valuation, regulatory, and transparency issues, especially in the lack of accounting and audit standards. This article reviews existing research on crypto asset usage in accounting and auditing, employing bibliometric analysis and WoS and Scopus databases. It was possible to examine 55 relevant studies published since 2017 (date of publication of the first article in the databases), encompassing 36 sources and 121 authors. The results suggest that accounting regulators struggle with establishing standards for cryptocurrencies due to their unsuitability for existing frameworks. Also, the impact of crypto assets on auditing is in its early stages, requiring further empirical investigation. This research highlights the need to explore how auditors can effectively assess risks associated with digital currency transactions.