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FASB Fair Value Standard for Crypto Goes Live

The new accounting update could be a boon for firms seeking bitcoin corporate treasuries. New Accounting Standard Recognizes Crypto Gains An accounting standard that addresses the fair value of crypto assets went into effect yesterday and may have a positive…

John Carvalho Wants to Get Rid of ‘Sats’

The Synonym CEO suggested the change via a Bitcoin Improvement Proposal (BIP) last week. Longtime Bitcoiner Seeks to Redefine Bitcoin Units John Carvalho, CEO of Bitcoin software company Synonym wants to do away with the idea of “satoshis” or “sats”…