🔥According to Bloomberg, cryptocurrencies in the USA will be measured at fair value according to the Financial Accounting Standards Board (FASB) rules.

To explain this, for example, a company in the USA bought Bitcoin at $ 40,000, it dropped to 30,000 and then it became 50,000.

Even though the Bitcoin the company bought is currently in profit, they have to enter the lowest price in their books as a loss of 10,000.