New FASB Rules Set to Measure Crypto at Fair Value
E-Crypto News’ update provides the latest articles on technology and cryptocurrencies.
The Financial Accounting Standards Board (FASB) has unveiled new regulations mandating companies to factor cryptocurrencies like Bitcoin based on their fair value. These rules will become enforceable starting December 15, 2024, yet companies can opt to implement them earlier. These guidelines, a first in the United States, demand that businesses divulge the cryptocurrency value according […]
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