FASB Fair Value Standard for Crypto Goes Live
The new accounting update could be a boon for firms seeking bitcoin corporate treasuries. New Accounting Standard Recognizes Crypto Gains An accounting standard that addresses the fair value of crypto…
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MicroStrategy CEO reiterates ‘long term’ Bitcoin play in Q3 earnings
The world’s largest corporate holder of Bitcoin has reduced its losses compared to previous earnings as its CEO says it will continue to buy and hold Bitcoin long term.
FASB guidelines could ‘smooth the way’ for broader crypto adoption
Another step has been taken on the path to use fair-value accounting for the reporting of crypto assets in the United States.
Michael Saylor welcomes FASB vote to review crypto accounting standards
The FASB is set to review its accounting rules for digital assets, which could see firms no longer be required to report crypto such as BTC as “intangible assets” on…