The Financial Accounting Standards Board (@FAFNorwalk) has announced it will exclude some digital assets from its cryptocurrency
16 Sep 2022, 15:37
The Financial Accounting Standards Board (@FAFNorwalk) has announced it will exclude some digital assets from its cryptocurrency accounting review—and include others. This represents a valuable step towards greater clarity in the #crypto market.
The Financial Accounting Standards Board laid out its criteria for the assets it will include in its cryptocurrency project—parameters that left out NFTs and certain stablecoins. Bitcoin and Ethereum would fall within the rule’s scope.