Currently, accounting rules only let companies record increases in the value of their digital assets when they sell them – though losses are reflected at least once a year. But, on Wednesday, the Financial Accounting Standards Board (FASB) voted to take another path, letting companies use fair-value accounting that allows them to show gains and losses immediately on their income statements.
Bitcoin ETFs rebound with $319 million influx on Could 14 after sharp outflow day
Spot Bitcoin ETFs recorded a pointy move reversal between Could 13 and Could 14. On Could 13, the ETFs posted...
