FASB Votes To Introduce New Fair Value Accounting Rules For Bitcoin

Financial Accounting Standards Board (FASB) unanimously voted to approve long-awaited accounting rules for bitcoin and other digital assets. New rules will require fair value measurement - aka highs and lows. Expected publication date is by the end of the year.

https://www.nobsbitcoin.com/fasb-votes-in-favor-of-fair-value-accounting-for-bitcoin/