2019-06-11 09:38:14
International Accounting Standards Board believes Bitcoin will be gone within five years
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The FASB and IASB, the two main rule-setting bodies for accounting standards worldwide, cited “lack of usage” as the main reason for not clarifying cryptocurrency accounting treatments. So far, onerous accounting standards have hindered Bitcoin and cryptocurrency adoption. The California Society of CPAs (CalCPA) is pushing for clearer accounting and disclosure rules for cryptocurrencies. Accounting […]The post International Accounting Standards Board believes Bitcoin will be gone within five years appeared first on CryptoSlate.