🚀 Big news for Bitcoin! The Financial Accounting Standards Board (FASB) has rolled out new fair value accounting rules for BTC and eligible crypto assets.
- Companies can now report crypto at market value, updating each period. This means clearer financial statements reflecting real-time gains and losses.
- NFTs, wrapped tokens, and internally generated assets are not included.
- This change could boost corporate adoption, offering investors a transparent view of crypto holdings.
What do you think? Will this reshape corporate crypto strategies? Share your thoughts below! 💬