Wu Blockchain (@WuBlockchain): According to Bitcoin Magazine, the U.S. Financial Accounting Standards Board (FASB)'s fair value accounting standards for Bitcoin officially came into…
Estimated coin impact
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- BTC+75Positive
According to Bitcoin Magazine, the U.S. Financial Accounting Standards Board (FASB)'s fair value accounting standards for Bitcoin officially came into effect today. The new standards allow companies such as MicroStrategy to use fair value measurement methods to more accurately reflect the actual value of Bitcoin assets. It will promote companies to adopt Bitcoin as a reserve asset. x.com/pete_rizzo_/st…