FASB Confirms ‘Fair Value’ Approach for Corporate Crypto Holdings

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.

Source: https://www.coindesk.com/policy/2023/12/13/fasb-confirms-fair-value-approach-for-corporate-crypto-holdings/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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