Change to US accounting guidelines will probably be a boon to corporations holding crypto in 2025

The Monetary Accounting Requirements Board (FASB) has unanimously authorized guidelines for accounting for the honest worth of corporations’ cryptocurrency holdings, in keeping with media stories. The foundations will go into impact in 2025.

The FASB is the US group that units accounting and reporting requirements for organizations that comply with U.S. Typically Accepted Accounting Ideas (GAAP). It issued a name for feedback on proposed adjustments to the FASB Accounting Requirements Codification in March.

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