Coinbase may encounter regulatory hurdles due to alleged 'tailored accounting metrics' under the latest FASB regulations. The Financial Accounting Standards Board (FASB) has introduced new rules shifting crypto accounting to a fair-value model from a cost-less-impairment model. This change aims to provide a more precise valuation of digital assets by reflecting their current value accurately. Coinbase, among other firms, has already adopted these standards early. However, this shift introduces volatility into company earnings, as noted by experts. Coinbase's adjustments to its accounting practices, particularly regarding crypto impairment costs and fair-value volatility, have raised concerns about tailored accounting metrics. The SEC has previously challenged similar non-GAAP adjustments by other firms. Despite differing opinions on the potential consequences, Coinbase's compliance with these new rules remains under scrutiny. Stay updated on the latest crypto news for insights into market trends and developments. Read more AI-generated news on: https://app.chaingpt.org/news