US accounting standard-setters voted for accounting rules for Bitcoin, Ethereum, and major cryptocurrencies, as reported by Bloomberg on September 6. MicroStrategy founder Michael Saylor celebrated this news on Twitter while claiming that Financial Accounting Standards Board (FASB) accounting rules, enabling fair value accounting for Bitcoin, will eliminate barriers that discourage corporations from adopting BTC as The post Bitcoin’s Mainstream Adoption Accelerates with Accounting Rules appeared first on Coin Edition .
