The Block (@TheBlockCo): THE BLOCK: FASB is seeking comment on a proposal clarifying how U.S. cash-equivalent accounting rules apply to certain digital assets, including stabl…
Estimated coin impact
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THE BLOCK: FASB is seeking comment on a proposal clarifying how U.S. cash-equivalent accounting rules apply to certain digital assets, including stablecoins. The proposal would not change the definition of cash equivalents but aims to address uncertainty over which digital assets qualify.