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FASB Confirms 'Fair Value' Approach for Corporate Crypto Holdings
13.12.2023
The Financial Accounting Standards Board, a U.S. entity that details how companies should report assets on their balance sheet, published a standards update on Wednesday that will let corporations recognize "fair value" changes in crypto holdings
FASB's Crypto Accounting Shakeup Could Lure More Corporate Investment, Michael Saylor and Others Argue
7.9.2023
The U.S. accounting standards board yesterday unanimously voted in favor of "fair value" accounting for crypto assets held on corporate balance sheets
FASB Says Crypto Assets Should Be Marked at Current Values
6.9.2023
The first U.S. accounting rule specifically for cryptocurrency will say that companies must use a fair-value approach that would demand certain digital assets be measured at what they would trade for in the markets, according to the Financial Accounting Standards Board (FASB)
U.S. Accounting Board Seeks Crypto Standards Requiring Firms to Report Price Shifts
24.3.2023
U.S. accounting standards may be overhauled to specifically factor in crypto accounting, establishing a fair-value approach that would demand certain digital assets be measured at what they’d go for in the markets, according to a change proposed this week by the Financial Accounting Standards Board...
MicroStrategy CEO reiterates 'long term' Bitcoin play in Q3 earnings
2.11.2022
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
14.10.2022
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
12.5.2022
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 their balance sheets