FASB Advocates For Crypto Holdings Fair-Value Accounting

FASB Advocates For Crypto Holdings Fair-Value Accounting

FASB says that putting bitcoin on a company’s balance sheet will be more likely if fair-value accounting is used for cryptocurrencies. A Wall Street Journal report says that the Financial Accounting Standards Board (FASB) has said that companies should use fair-value accounting methods for cryptocurrencies like bitcoin (BTC) and ether (ETH). Fair-value accounting for crypto […]