#Last minute
According to the news of #Uzmancoin ;
📣📣📣The change, which is expected to increase companies' demands for #Bitcoin , was officially published by the US Financial Accounting Standards Board (FASB).
Companies that want to hold Bitcoin or any#cryptocurrencyon their balance sheet will now be able to report these assets at the current market value in their financial statements.✌️✌️✌️
Previously, value accounting had to be done at the lowest price in the reporting period.
According to #Bloomberg , the new rule will come into force in 2025, but it will also be allowed to be implemented earlier.🔥🔥🔥
The official publication of the rule change also brought an increase in Bitcoin. The price exceeded 41 thousand 800 dollars.
Asset management company #Bernstein : "FASB's new practice will positively impact corporate preference for holding Bitcoin as a treasury asset, thereby creating new sources of demand from companies." He comments.🚀🚀🚀
