FASB Votes To Introduce New Fair Value Accounting Rules For Bitcoin Financial Accounting Standards Board (FASB) unanimously voted to approve long-awaited accounting rules for bitcoin and other digital assets. New rules will require fair value measurement - aka highs and lows. Expected publication date is by the end of the year.

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twentyone's avatar
twentyone 2 years ago
Article says changes could be implemented as soon as 2025. This timing certainly could add fuel to the fire during the next bill cycle