The Financial Accounting Standards Board, a U.S. entity that details how companies should report assets on their balance sheet, published a standards update on Wednesday that will let corporations recognize “fair value” changes in crypto holdings. Author: Nikhilesh De
FASB Confirms ‘Fair Value’ Approach for Corporate Crypto Holdings
Cantor Fitzgerald CEO Is a Bitcoin Maxi and Tether Fan
Cantor Fitzgerald is one of the custodians for Tether’s $90 billion worth of treasuries. Author: Sam Reynolds
SEC Hasn’t Met Legal Requirements to Sue, Binance Says in Latest Bid to Dismiss Lawsuit
Binance, Binance.US and Changpeng Zhao argued that the U.S. Securities and Exchange Commission did not meet the requirements of the “Howey Test” in its suit against the two companies and their founder in a new filing Tuesday. Author: Nikhilesh De
Bitcoin Halts at $41K as Traders Eye Fed Rate Decision; AVAX Flips Dogecoin as Altcoins Jump
Bitcoin remained steady around $41,000 after Monday’s dramatic flush. Author: Krisztian Sandor
Binance P2P Trading Platform Halts Ruble Support Following Russia Exit
Customers are free to withdraw or transfer funds and continue trading with Binance Russia’s new owner CommEX, the company said Monday. Author: Sandali Handagama
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