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The Daily Hodl 2023-09-08 16:55:05

New US Accounting Rules for Digital Asset Firms and Companies Holding Bitcoin and Crypto Assets Announced: Report

The Financial Accounting Standards Board (FASB), the organization that sets accounting standards in the US, is reportedly green-lighting new rules for measuring the value of crypto assets on a company’s balance sheet. According to Bloomberg, the FASB on Wednesday unanimously voted in favor of new rules that will require companies that hold or invest significant The post New US Accounting Rules for Digital Asset Firms and Companies Holding Bitcoin and Crypto Assets Announced: Report appeared first on The Daily Hodl .

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