Questions tagged [accounting standard]

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CherryBlossomKiss CherryBlossomKiss Mon Sep 30 2024 | 7 answers 1027

How will the new FSB ASU 2023-08 accounting standard affect bitcoin?

Could you elaborate on the potential impact of the newly introduced FSB ASU 2023-08 accounting standard on the valuation and reporting of bitcoin transactions? How might this standard alter the way businesses and investors perceive and account for their bitcoin holdings? Additionally, what challenges or opportunities might arise for the cryptocurrency market as a result of this change?

How will the new FSB ASU 2023-08 accounting standard affect bitcoin?

| Topics at Cryptocurrency Q&A

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