FASB unveils new crypto accounting rules, details inside

News	2023-9-7 16:00

FASB's new rules mandate fair-value accounting for cryptocurrencies, aligning them with the treatment of financial assets. Public companies must now separate their crypto assets from intangibleThe post FASB unveils new crypto accounting rules, details inside appeared first on AMBCrypto. origin »

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rules accounting crypto fasb new assets inside

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Источник: ambcrypto.com

rules accounting → Результатов: 17

Financial Accounting Standards Board Sets Forth ‘Fair Value’ Rule for Cryptocurrency

The FASB has announced it will update its crypto accounting rules. The post Financial Accounting Standards Board Sets Forth ‘Fair Value’ Rule for Cryptocurrency appeared first on BeInCrypto.

2023-9-6 22:04	regulation news
accounting rule cryptocurrency financial value board fair

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FASB Votes In Favor of Fair Value Accounting For Bitcoin

The rules are set to go into effect as soon as 2025, but companies will be able to apply them earlier than that.

2023-9-7 19:55	Markets
companies 2025 soon effect earlier able apply

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South Korea sets rules for clear accounting in crypto

The South Korea Financial Services Commission reviewed and approved the exposure draft for revising Corporate Accounting Standards to enhance transparency in crypto

2023-7-14 21:56	South Korea
crypto south accounting korea corporate draft revising

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South Korea To Implement New Accounting Rules For State’s Crypto Companies

The top financial regulator in South Korea has now mandated crypto-related companies to be more detailed in their financial statements. The new rule, which will kick off in January 2024, aims to boost transparency in crypto disclosures.

2023-7-13 19:00
financial south crypto companies korea new kick

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BNY Mellon’s crypto custody venture runs afoul of SEC rules

The Bank of New York Mellon’s (BNY Mellon) foray into the digital asset custody business has hit a regulatory hurdle, per American Banker. It emerged that the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin 121 (SAB 121) requires custodians of digital assets to record those assets on their balance sheets.

2023-6-30 19:15	Regulation
mellon 121 bny sec digital assets custody

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FASB crypto accounting rules to exclude NFTs, some stablecoins – WSJ

The Financial Accounting Standards Board (FASB) will not include NFTs and some stablecoins in its crypto accounting review, The Wall Street Journal reported on August 31, citing sources. The post FASB crypto accounting rules to exclude NFTs, some stablecoins – WSJ appeared first on CryptoSlate.

2022-9-1 13:03	NFTs
accounting stablecoins nfts fasb crypto exclude wsj

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Accounting Rules Make the Outcome of Tesla’s Bitcoin Sale Unclear

After Tesla sold 75% of its bitcoin, Twitter piled on the company for losing money on the sale even though it didn’t.

2022-7-25 17:50	Business
tesla sale bitcoin company didn losing money

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Michael Saylor joyous at FASB decision to review crypto accounting rules

The Chief Executive Officer of MicroStrategy and Bitcoin maximalist Michael Saylor has expressed excitement about the United States Financial Accounting Standards Board (FASB) decision to review rules for crypto.

2022-5-12 15:45	Tesla
crypto review rules michael accounting decision saylor

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FASB to Review Accounting Rules for Digital Assets Held on Balance Sheets: Report

A clearer framework for how companies might account for crypto might pave the way greater adoption.

2022-5-11 20:03	policy
might account companies framework crypto pave adoption

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Lukka Taxation Software Launched by Private Company, IRS, CPA

Coinspeaker Lukka Taxation Software Launched by Private Company, IRS, CPAAfter the many signs from the U. S. lawmakers, IRS have issued new rules for taxation of the citizens. Lykka offers easy way of tax accounting.

2019-12-19 17:31
irs taxation lukka company software private launched

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International Accounting Standards Board believes Bitcoin will be gone within five years

The FASB and IASB, the two main rule-setting bodies for accounting standards worldwide, cited “lack of usage” as the main reason for not clarifying cryptocurrency accounting treatments. So far, onerous accounting standards have hindered Bitcoin and cryptocurrency adoption.

2019-6-11 12:38	Bitcoin
accounting standards bitcoin international cryptocurrency years main

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FASB: криптовалюты не нуждаются в регулировании, поскольку исчезнут через 5 лет

Совет по стандартам финансовой отчетности (FASB), орган, который устанавливает общепринятые принципы бухгалтерского учета США, шокировал многих своим заявлением о том, что регулирующие правила для криптовалют не нужны, поскольку, по их мнению, виртуальные валюты исчезнут через 5 лет.

2019-6-6 20:48
fasb поскольку исчезнут лет регулировании криптовалюты нуждаются

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Breaking: FASB Says No Crypto Rules Needed As It Expects Cryptocurrencies To Be Gone in 5 Years

The Financial Accounting Standards Board (FASB), a standard-setting body that sets out to establish generally accepted accounting principles within… The post Breaking: FASB Says No Crypto Rules Needed As It Expects Cryptocurrencies To Be Gone in 5 Years appeared first on Invest In Blockchain.

2019-6-6 16:41
fasb gone years breaking cryptocurrencies accounting crypto

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Obama Hack Judge Rules Trump Must Deliver Private Financial Records

By CCN: In a brazen but unsurprising move last week, Democrats issued a subpoena to accounting firm Mazars USA for eight years’ worth of Donald Trump’s financial records. It should thus come as no surprise that Barack Obama judicial appointee U.

2019-5-21 05:56
trump financial records judge obama donald subpoena

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Op Ed: Answering 10 Common Questions About Cryptocurrency and Taxes

Depending on what country you live in, your cryptocurrency will be subject to different tax rules. The questions below address implications within the United States, specifically, but similar issues arise around the world.

2019-3-29 18:20	Op-ed
your tax cryptocurrency crypto value taxable market

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Bank of Finland Report Says Cryptos Are Not Currencies but Accounting Systems

Many of the world’s regulators are racking their brains on how to come up with relevant rules that could curb crypto’s dark uses without hampering the industry’s growth. However, the Bank of Finland released a report that has been described as a scathing attack on these digital currencies.

2018-7-13 16:04	Cryptocurrency
currencies bank finland report systems accounting says

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Ripple Prime Partners with Hyperliquid to Open On-chain Derivatives to Big Players

Key Takeaways: Hyperliquid just provided institutions with an opportunity to access on-chain derivative liquidity via Ripple Prime. The new arrangement will allow users to cross-margin their crypto with all other The post Ripple Prime Partners with Hyperliquid to Open On-chain Derivatives to Big Players appeared first on CryptoNinjas.

Bitcoin Ransom Shock: Alleged Millions BTC Demand Surfaces in Nancy Guthrie Case Twist

Key Takeaways: Put simply, a ransome mail requesting Bitcoin worth millions dollars appeared in a kidnap in the U.S. Meanwhile, police and authorities are scanning through reports and coordinating with The post Bitcoin Ransom Shock: Alleged Millions BTC Demand Surfaces in Nancy Guthrie Case Twist appeared first on CryptoNinjas.

Crypto.com OG Prediction Markets Launch Offers $500 Rewards After 40x Growth Surge

Key Takeaways: Crypto. com unveiled OG, a new prediction market platform focusing on sports and other events First 1 million users can receive the reward of up to $500, showing that The post Crypto.

Anti-Strategy ETFs Climb as MSTR Stock Hits Multi-Year Low

Leveraged anti-Strategy ETFs, such as GraniteShares’ 2x Short MSTR Daily ETF (MSDD) and Defiance’s SMST, have reached record highs amid the MSTR stock decline. The post Anti-Strategy ETFs Climb as MSTR Stock Hits Multi-Year Low appeared first on Coinspeaker.

Tether Open-Sources Bitcoin Mining OS, Targeting Home Rigs to Global Industrial Farms

Key Takeaways: Tether unveiled Mining OS (MOS), a complete Bitcoin mining platform designed according to open-source model The system can implement from small-sized mining rigs at home to big multi-site The post Tether Open-Sources Bitcoin Mining OS, Targeting Home Rigs to Global Industrial Farms appeared first on CryptoNinjas.

White House Talks Stablecoin Yield as Crypto, Banks Push US Market Structure Bill

Key Takeaways: Crypto industry and banking leaders met at White House to discuss about regulation on stablecoin yield. Talks aim to unlease bottlenecks, foster the progress of the Digital Asset The post White House Talks Stablecoin Yield as Crypto, Banks Push US Market Structure Bill appeared first on CryptoNinjas.

Ripple Secures $280M Diamond Tokenization as UAE Pushes Real-World Assets Onto XRPL

Key Takeaways: Billiton Diamond and Ctrl Alt have tokenized more than 280 million polished diamonds in the UAE. The program utilizes the use of the XRP Ledger, and Ripple offers The post Ripple Secures $280M Diamond Tokenization as UAE Pushes Real-World Assets Onto XRPL appeared first on CryptoNinjas.

2023-9-7 16:00

rules accounting → Результатов: 17

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