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    US Government to Report Seized Crypto as ‘Nonmonetary Property’

    • Post author:MiamiCrypto
    • Post published:June 23, 2024
    • Post category:accounting standards/Crypto/Cryptocurrency/Digital Assets/fasab/Regulation/Seized Crypto

    The Federal Accounting Standards Advisory Board (FASAB) has clarified that seized crypto assets should be treated as “nonmonetary property” while central bank digital currencies (CBDCs) should be treated as monetary…

    Continue ReadingUS Government to Report Seized Crypto as ‘Nonmonetary Property’
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