Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
LIVE
Quinten Francois
--
Follow
🚨ALTSEASON LOADING🚨
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
See T&Cs.
117
0
Replies
1
Quote
1
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Sign Up
Login
Relevant Creator
LIVE
Quinten Francois
@QuintenFrancois
Follow
Explore More From Creator
🚀 Corporate #Bitcoin Adoption Alert 🚀 The Financial Accounting Standards Board (FASB) is set to revolutionize how companies account for #crypto like #Bitcoin through new fair value rules: 1️⃣ What's New with FASB & Crypto: - Crypto assets like Bitcoin will now be reported at fair value, enhancing financial transparency for companies. 2️⃣ Impact on Corporate Treasuries: - This shift allows companies to reflect real-time value changes, potentially boosting Bitcoin's appeal as an asset. 3️⃣ Why It Matters: - Could lead to more companies adding Bitcoin to their balance sheets. - Simplifies accounting, making crypto more attractive for institutional investors. 4️⃣ Example Scenario: - Under old rules: If Bitcoin's value dropped, a company would report a loss. If it rose again, they couldn't adjust for gains. - New Rules: Companies can now adjust Bitcoin's value on their balance sheet to reflect current market conditions, offering a dynamic view of financial health. 5️⃣ Benefits: - Increased transparency and better communication with stakeholders about crypto performance. 6️⃣ Challenges: - Complexity in determining fair value and potential need for system upgrades. 7️⃣ Timeline: - Effective for fiscal years after December 15, 2024, giving companies time to prepare. 8️⃣ Big Deal for Crypto: - Signals a major step towards mainstream crypto adoption by financial institutions. 9️⃣ Market Reflection: - Financial statements will now reflect Bitcoin's volatility, offering real-time insights into a company's financial status. 🔟 Corporate Response: - Enhanced investor confidence as companies can now manage Bitcoin assets more dynamically. 📣 Share this update to spread awareness on how #Bitcoin might soon become a staple in corporate treasuries!
--
The first pro Bitcoin US president. The first US strategic BTC reserve. The first spot Bitcoin ETF cycle. The first rate cut in 4 years. The first pro crypto congress.
--
Just bought a bag of $STX Here’s why: Bitcoin Layer L2: $STX brings smart contracts to $BTC, leveraging its security and network effects. Ecosystem Growth: Rapidly expanding dApps and developers building on @Stacks sBTC Potential: Trustless Bitcoin for DeFi opens a new wave of opportunities. Undervalued: IMO, the market isn’t pricing its long-term potential yet.
--
“This cycle is different” everybody said
--
Whales are buying up #Bitcoin like never before 💥
--
Latest News
Potential Impact Of Trade Tariffs On US Dollar Strength
--
Ethereum Developers Reach Preliminary Consensus On Blob Size Increase
--
SlowMist Identifies Thousands Of Attacker Addresses On Solana
--
BNB Drops Below 650 USDT with a Narrowed 2.82% Increase in 24 Hours
--
Make-A-Wish International Appeals For Cryptocurrency Donations
--
View More
Sitemap
Cookie Preferences
Platform T&Cs
