pull down to refresh
Looks like they still need to officially update the accounting standards, but that this is definitely the direction of travel.
The Board directed the staff to draft a proposed Accounting Standards Update for vote by written ballot, with a comment period of 75 days.
This is from this page dated 8 Feb 2023: https://www.fasb.org/Page/ProjectPage?metadata=fasb-Accounting-for-and-Disclosure-of-Crypto-Assets
Looks like they still need to officially update the accounting standards, but that this is definitely the direction of travel.
This is from this page dated 8 Feb 2023: https://www.fasb.org/Page/ProjectPage?metadata=fasb-Accounting-for-and-Disclosure-of-Crypto-Assets