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New Crypto Accounting Standards Go Into Effect Today: Will They Boost Bitcoin's Corporate Adoption?
Monday, December 16, 2024 - 4:12am | 581The Financial Accounting Standards Board's new accounting rules for cryptocurrencies will go into effect on Monday, making it easier for businesses to account for the value of their holdings on their balance sheets and encouraging adoption. What happened: The Accounting Standards Update, ...
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Clear Digital Asset Rules Key To Unlocking Institutional Growth, Experts Say
Thursday, December 12, 2024 - 1:06pm | 616At the Benzinga Future of Digital Assets conference, experts emphasized the critical role of regulatory clarity in shaping the digital asset market. The discussion shed light on existing barriers, such as SAB 121, and the broader implications of a shifting regulatory landscape for institutions and...
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What Does Fair Value Accounting Mean For Bitcoin In Corporate Strategy?
Wednesday, December 11, 2024 - 12:07pm | 542At the Benzinga Future of Digital Assets conference, experts discussed the far-reaching impact of recent and potential regulatory changes on digital asset markets. The conversation centered on how these developments could accelerate institutional adoption, with key insights into the repeal of SAB...
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FASB Issues New Guidance For Revenue Recognition
Friday, May 30, 2014 - 1:51pm | 260Earlier this week, the Financial Accounting Standards Board (FASB) together with the International Accounting Standards Board (IASB) issued a converged standard for how to recognize revenue in customer contracts. The objective of the new standard is "to establish the principles to report useful...