Fair Value Accounting For Crypto To Begin In 2024, Confirms FASB

Fair Value Accounting For Crypto To Begin In 2024, Confirms FASB

The Financial Accounting Services Board (FASB) announced on Wednesday that it has officially adopted fair value accounting for crypto assets starting next year. The change is expected to make Bitcoin and other digital currencies far more welcoming to hold on corporate balance sheets, despite their intermittent price volatility. FASB’s Major Accounting Change Per FASB’s latest […]

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