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Tag: FASB

US authorities to intensify scrutiny of crypto industry in 2023

Fourteen years after Bitcoin's Genesis block launched a profound disruption in financial services and other industries through the rise of blockchain technology, United States...

Binance Proof of Reserve Report Revealed Warning Signals

8 seconds ago | 2 mins read Exchange News Binance’s total assets or total...

FASB Votes to Approve Fair Market Value (FMV) for Digital Asset Accounting

Following is a guest post from Renata K. Szkoda, CFO at INX and Co-Chairwoman of the Global Digital Asset and Crypto Currency Association. The Financial Accounting Standards...

Proposed accounting rules could benefit companies holding crypto

The Financial Accounting Services Board (FASB) unanimously voted to direct firms to use fair-value accounting for the crypto on their balance sheets – a...

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