#Last minute
According to the news of
#Uzmancoin ;
đŁđŁđŁThe 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.âď¸âď¸âď¸
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.đĽđĽđĽ
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.đđđ
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