FASB Confirms ‘Fair Value’ Approach for Corporate Crypto Holdings
The new rules by the U.S. accounting standards setter would go into effect in December 2024.
The new rules by the U.S. accounting standards setter would go into effect in December 2024.
USDT was assigned a low score of four, meaning the largest stablecoin is constrained in its ability to maintain its peg to fiat.
The government’s official rate is now 800 pesos to the dollar versus roughly 400 previously.
This week, two of the country’s largest banks announced crypto initiatives.
The latest price moves in crypto markets in context for Dec. 13, 2023.
Shopify, Minecraft, and Reddit will begin using World ID to identify certain kinds of users.
Blockstream’s BASIC note is a bitcoin-denominated investment vehicle to accrue gains from the price of ASIC mining equipment, which Blockstream anticipates will rise post-halving.
Both exchanges lost a combined total of more than $200 million in a series of hacks last month.
Zhu is expected to be released from jail this month for good behavior, Bloomberg reported.
The investment firm has sold the crypto exchange’s stock on all but two trading days this month.