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February 4, 2023 by BitcoinGuide.com

FASB Crypto Proposal Coming By end of March amid Small Sector Rebound from Lows

FASB Crypto Proposal Coming by End of March amid Slight Sector Rebound from Lows

The FASB on Feb. 1, 2023, said the public will get 75 days to comment on a proposal on reporting cryptocurrencies, provisions aimed at reflecting the underlying economics of Bitcoin and other tokens on the balance sheet.The proposal will build the first explicit standard on cryptos in U.S.

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