Financial Reporting
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Accounting Standards for Encrypted Assets Proposed Update by FASB
On April 3rd, it was reported that the Financial Accounting Standards Board (FASB) of the United States has proposed an update to accounting standards for and disclosure of encrypt
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KOSDAQ announces delisting risks for Bithumb due to Vidente rejection of audit opinion
On March 31, the market headquarters of KOSDAQ in South Korea announced today that due to the receipt of Vidente, the largest shareholder of Bithumb, the country\’s crypto exchange,
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The US Accounting Committee seeks to revise the cryptocurrency standard for reporting price changes
According to reports, according to a modification proposal proposed by the Financial Accounting Standards Board (FASB) this week, US accounting standards may be comprehensively revised to specifically consider the accounting issues of cryptocurrencies, establish a fair value method, and require certain digital assets to be measured based on their market prices. This is different from the current situation, which only marks unrealized losses and is considered by the industry as an obstacle to adopting cryptocurrencies. Interpretation of this information: The Financial Accounting Standards Board (FASB) has proposed a modification proposal…
