The FASB's recent accounting rule revisions are poised to provide a more favorable outlook for companies holding digital assets, helping them mitigate the unfavorable optics generated by impairment losses, as stated in the report.
Bitcoin Is Useful For Transacting Value Outside Of The Traditional Financial System
Bitcoin Is Useful For Transacting Value Outside Of The Traditional Financial System latest news, images, analysis about First, and perhaps most obviously, investing in bitcoins is not structurally the same thing as putting money in a bank account. A bank account stores currency in its existing form, in an existing institution. This comes with fraud protection, membership programs, and any insurance against loss or theft (such as, in … See more
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