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.
John Rizzo explains that in light of the fintech giant's PYUSD announcement, Democratic policymakers are undergoing a reconsideration of their position on stablecoins. Let's delve into the reasons behind this shift.
The service was launched in March of the previous year with the aim of preparing traditional financial institutions to 'crypto-ready.'
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