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.
Coinbase is actively exploring opportunities within regions where regulatory frameworks for the cryptocurrency industry are well-defined. In the near future, its primary focus will be on the EU, U.K., Canada, Brazil, Singapore, and Australia.
CRV experienced a significant surge of over 7.6% following the purchase of more than $2 million worth of the token by Justin Sun, the founder of the Tron blockchain. On the other hand, ETH and SOL maintained a slightly negative trend, despite witnessing some upward movement in the past few hours.
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