‘Bitcoin Jesus’ Hopes for Trump Pardon, Denies Fugitive Claim
An early Bitcoin adopter facing extradition to the U.S. for criminal tax fraud charges urged President Trump for assistance while …
U.S. Accounting Rulemakers Agree That Crypto Assets Should be Measured at Fair Value
Cryptocurrencies – tokens like Bitcoin and Ethereum – should be measured at fair market value as that reflects the underlying …
The Long Read: Catching Up With Crypto
Mainstream interest in receiving and trading cryptocurrencies has proliferated among individuals and corporations. This article reviews what we know regarding …
Accounting Guidance for Digital Currencies Appears Low on Board’s Priority List
Accounting questions about digital currency have been on the FASB’s radar since at least June 2017, when a trade group …
Bitcoin Seeks Recognition From U.S. GAAP
The FASB is conducting early stage research about developing an accounting standard for digital currency and the technology that underpins …