U.S. Accounting Board Seeks Crypto Standards Requiring Firms to Report Price Shifts

Permalink Report to webmaster

U.S. accounting standards may be overhauled to specifically factor in crypto accounting, establishing a fair-value approach that would demand certain digital assets be measured at what they’d go for in the markets, according to a change proposed this week by the Financial Accounting Standards Board (FASB).

Source: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

#Policy, #News, #Regulations, #Accounting, #FASB, #Standards, #Disclosures