Breaking: FASB’s Shot In The Arm To Bitcoin Community

5/11/2022 5:03:44 PMby Anvesh Reddy
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In what could be a significant development amid a widespread crash in the cryptocurrency market, the Financial Accounting Standards Board (FASB) on Wednesday took a decision for addressing the recognition and measurement of digital assets, in a unanimous vote. In this regard, deliberations would be held to review accounting for exchange-traded digital assets and commodities.

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