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Cryptorank

Category FASB

Republican Senators Call on Treasury To Ease Crypto Tax Laws To ‘Level Playing Field’ With Foreign Companies

Republican Senators Call on Treasury To Ease Crypto Tax Laws To ‘Level Playing Field’ With Foreign Companies

Pro-crypto Republican Senator Cynthia Lummis of Wyoming is pressing the US Treasury to ease crypto tax laws as a means of evening out the playing f...
New FASB rules make Bitcoin holdings a goldmine for corporate earnings

New FASB rules make Bitcoin holdings a goldmine for corporate earnings

Market capitalization seems to have been the dominant driver of stock price performance last year, particularly for companies with significant Bitc...
FASB Fair Value Standard for Crypto Goes Live

FASB Fair Value Standard for Crypto Goes Live

The new accounting update could be a boon for firms seeking bitcoin corporate treasuries. New Accounting Standard Recognizes Crypto Gains An accoun...
New fair value Bitcoin accounting rules go live paving way for corporate reserve adoption

New fair value Bitcoin accounting rules go live paving way for corporate reserve adoption

The Financial Accounting Standards Board (FASB) has implemented its Fair Value accounting rule for crypto, effective Dec. 15, 2024. This update aim...
FASB adopts new standard for the accounting and disclosure of crypto assets

FASB adopts new standard for the accounting and disclosure of crypto assets

The Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) to address the accounting for and disclosure of crypto ...