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0 sats \ 1 reply \ @Wumbo OP 8 Sep 2023 \ parent \ on: MicroStrategy's Large Bitcoin Impairment Losses Have Given a False Impression bitcoin
I wonder about the timing. Did the wave of upcoming ETFs encourage FASB to change their position.
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2 sats \ 0 replies \ @aoeu 8 Sep 2023
I heard talks of FASB looking into approving fair accounting practices quite awhile ago, long before the current wave of BTC ETF applications. https://www.fasb.org/Page/ProjectPage?metadata=fasb-Accounting-for-and-Disclosure-of-Crypto-Assets
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