FinTech Rising

Reports at the intersection of money, banking, securities, and payments with digital technologies

FASB

FASB Votes to Approve Fair Market Value (FMV) for Digital Asset Accounting

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Following is a guest post from Renata K. Szkoda, CFO at INX and Co-Chairwoman of the Global Digital Asset and Crypto Currency Association. The Financial Accounting Standards Board (FASB) reached a tentative decision to make fair market value (FMV) the primary accounting method for measuring crypto assets, reports the Global Digital Asset and Cryptocurrency Assn., which led … [Read more...] about FASB Votes to Approve Fair Market Value (FMV) for Digital Asset Accounting