Articles for tag: accounting standards, Bitcoin adoption, corporate investment, Digital Assets, financial strategy, inflation protection, market trends

January 15, 2025

Corporate Bitcoin Investment to Soar, Says Bitwise CIO: Key Insights for 2024

Bitwise’s Chief Investment Officer, Matt Hougan, believes that corporate investment in Bitcoin is a growing trend. He predicts that hundreds of companies will start adding Bitcoin to their balance sheets over the next year or so. New accounting standards are making this easier, allowing firms to value Bitcoin at Market rates instead of treating it ...

December 16, 2024

Market News

Crypto

New Bitcoin Fair Value Accounting Rules Launch, Opening Doors for Corporate Reserve Adoption and Financial Transparency

Japan is moving forward in its Web3 journey with significant developments in cryptocurrency accounting. The Financial Accounting Standards Board (FASB) has introduced a Fair Value accounting rule for crypto, effective December 15, 2024. This new standard mandates that companies measure their cryptocurrency holdings at fair value, updating these valuations each reporting period. This change will ...