According to ChainCatcher, the U.S. Financial Accounting Standards Board decided at its meeting on February 1 to release the first draft of cryptocurrency and digital asset standards for public comment in late March. After the draft is released, the public can submit feedback on the draft within 75 days.
Rich Jones, chairman of the U.S. Financial Accounting Standards Board, previously stated that the committee believes that the term "digital assets" is too broad, so the draft may specifically formulate clear accounting and disclosure rules for companies holding Bitcoin and other cryptocurrency assets. (Source link)
