Long-Awaited Bitcoin Accounting Rules to Capture Rises, Dips (2)
U.S. · BUSINESS · TECH
September 6, 20235 min read928 words
Published: September 6, 2023  |  5 min read928 words
Crypto companies and other businesses with significant holdings of digital currencies will get long-awaited accounting rules to measure the value of the Bitcoin, Ethereum, and other crypto in their coffers, US accounting standard-setters unanimously voted Wednesday. Under new ru...
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Great Context
Sep 9
A fantastic, detailed look into the recent FASB announcement, the problems it addresses, the types of companies this change will positively affect and why, and when the new policy goes into effect. Every question is answered here clearly and in a very nuanced way, well done!
Sep 9
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