MicroStrategy Wins Bitcoin Fair Value Vote; XRP Lawyer Sceptical

1 year ago 252

The Financial Accounting Standards Board (FASB) voted in support of allowing companies reporting Bitcoin holdings at fair value. This could likely be a massive regulatory development in the context of institutional investors like Blackrock, Fidelity and Bitwise seeking to get their spot Bitcoin ETF applications approved. Also Read: Terra Luna Classic Proposal To Revive USTC

The post MicroStrategy Wins Bitcoin Fair Value Vote; XRP Lawyer Sceptical appeared first on CoinGape.

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