The Financial Accounting Standards Board (FASB) of the United States recently released new guidelines, bringing a fresh perspective to the accounting and disclosure of crypto assets! 🎉 This guideline aims to help investors better understand the economics of crypto assets while simplifying compliance processes and reducing costs. In particular, Bitcoin (BTC) holders are in for a treat! Companies can now report BTC at fair value on their balance sheets, meaning businesses can showcase unrealized gains through the market value measurement method. 📈 This not only makes financial reporting more transparent but also adds a touch of brightness to the potential gains of Bitcoin! 🌟