According to The Wall Street Journal, the Financial Accounting Standards Board (FASB) in the United States stated that it will explore in 2026 whether certain cryptocurrencies such as stablecoins can be classified as cash equivalents, and will study the accounting treatment of cryptocurrency transfers (including wrapped tokens). These two topics have been included in FASB's technical agenda and may lead to new accounting standards in the future. FASB previously in 2023 required companies to use fair value accounting for cryptocurrencies like Bitcoin, but NFTs and some stablecoins were not included.

BTC0.49%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)