Bitcoin Stages A Comeback Following FASB’s New Standards Release

Bitcoin staged a comeback yesterday following the Financial Accounting Standards Board’s (FASB) publication of an Accounting Standards Update (ASU). According to the announcement, the published ASU would improve the accounting for and disclosure of crypto assets, including Bitcoin. Michael Saylor, founder of MicroStrategy, thinks the recent development will facilitate the adoption of Bitcoin... source: https://coinedition.com/bitcoin-stages-a-comeback-following-fasbs-new-standards-release/