The nation’s main accounting rulemaker, the Financial Accounting Standards Board (FASB), has kicked off critical research into how companies will report their digital assets, a move sparked by the White House’s push for crypto clarity.
FASB Chair Richard Jones announced on August 13, 2025, that a new project has been added to the board’s research agenda, aiming to figure out how companies should count their digital holdings.
This isn’t just an internal decision. Jones pointed directly to “a recent recommendation from the President’s Working Group on digital asset markets” as a key driver. It signals a growing urgency from Washington to bring some order and transparency to the booming digital economy.
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