Bitcoin

<img width="1792" height="1024" src="data:image/svg+xml;base64,PHN2ZyB2aWV3Qm94PScwIDAgMSAxJyB4bWxucz0naHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmcnPjwvc3ZnPg==" class="webfeedsFeaturedVisual lazyload wp-post-image" alt="bitcoin" style="display: block; margin-bottom: 5px; clear:both;max-width: 100%;" link_thumbnail="" decoding="async" sizes="(max-width: 1792px) 100vw, 1792px" data-srcset="https://www.crypto-news-flash.com/wp-content/uploads/2024/11/DALL·E-2024-11-26-20.12.54-A-digital-illustration-focusing-on-the-Sui-Network-and-Bitcoin-staking-via-Babylon-Layer-2.-The-Sui-Network-logo-should-be-clearly-highlighted-with-B.webp 1792w, https://www.crypto-news-flash.com/wp-content/uploads/2024/11/DALL·E-2024-11-26-20.12.54-A-digital-illustration-focusing-on-the-Sui-Network-and-Bitcoin-staking-via-Babylon-Layer-2.-The-Sui-Network-logo-should-be-clearly-highlighted-with-B-300x171.webp 300w, https://www.crypto-news-flash.com/wp-content/uploads/2024/11/DALL·E-2024-11-26-20.12.54-A-digital-illustration-focusing-on-the-Sui-Network-and-Bitcoin-staking-via-Babylon-Layer-2.-The-Sui-Network-logo-should-be-clearly-highlighted-with-B-1200x686.webp 1200w, https://www.crypto-news-flash.com/wp-content/uploads/2024/11/DALL·E-2024-11-26-20.12.54-A-digital-illustration-focusing-on-the-Sui-Network-and-Bitcoin-staking-via-Babylon-Layer-2.-The-Sui-Network-logo-should-be-clearly-highlighted-with-B-768x439.webp 768w, https://www.crypto-news-flash.com/wp-content/uploads/2024/11/DALL·E-2024-11-26-20.12.54-A-digital-illustration-focusing-on-the-Sui-Network-and-Bitcoin-staking-via-Babylon-Layer-2.-The-Sui-Network-logo-should-be-clearly-highlighted-with-B-1536x878.webp 1536w, https://www.crypto-news-flash.com/wp-content/uploads/2024/11/DALL·E-2024-11-26-20.12.54-A-digital-illustration-focusing-on-the-Sui-Network-and-Bitcoin-staking-via-Babylon-Layer-2.-The-Sui-Network-logo-should-be-clearly-highlighted-with-B-150x86.webp 150w, https://www.crypto-news-flash.com/wp-content/uploads/2024/11/DALL·E-2024-11-26-20.12.54-A-digital-illustration-focusing-on-the-Sui-Network-and-Bitcoin-staking-via-Babylon-Layer-2.-The-Sui-Network-logo-should-be-clearly-highlighted-with-B-450x257.webp 450w" data-src="https://www.crypto-news-flash.com/wp-content/uploads/2024/11/DALL·E-2024-11-26-20.12.54-A-digital-illustration-focusing-on-the-Sui-Network-and-Bitcoin-staking-via-Babylon-Layer-2.-The-Sui-Network-logo-should-be-clearly-highlighted-with-B.webp">The Financial Accounting Standards Board (FASB) has recently issued an update to the current standards and set the requirements for companies to recognize cryptocurrencies at fair value, effective December 15, 2024. The change replaces the former approach of categorizing digital assets such as Bitcoin as indefinite-lived intangible assets, a method that only quantified financial reporting

New Bitcoin Accounting Rules Go Live, Ushering in Era of Corporate Adoption

Crypto News Flash

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