FASB Says Crypto Assets Should Be Marked at Current Values


$ 87,286.7
€ 80,815.1
¥ 38,800.0
£ 67,539.3
BTC
1.39 %
$ 2,072.04
€ 1,918.13
¥ 920.78
£ 1,603.14
ETH
3.29 %
$ 218.58
€ 202.37
¥ 97.53
£ 168.98
XMR
0.84 %
$ 93.47
€ 86.54
¥ 41.58
£ 72.26
LTC
2.17 %

The first U.S. accounting rule specifically for cryptocurrency will say that companies must use a fair-value approach that would demand certain digital assets be measured at what they would trade for in the markets, according to the Financial Accounting Standards Board (FASB).