The Financial Accounting Standards Board (FASB), the authoritative body overseeing U.S. accounting practices, has unveiled a significant update to its accounting standards. This change, centered on cryptocurrency assets, aims to enhance the financial reporting of these digital assets. Richard R. Jones, FASB Chair, emphasized the importance of this development, noting its alignment with stakeholder feedback The post FASB Introduces Fair-Value Crypto Accounting Standards appeared first on CoinGape .