FASB’s crypto accounting review excludes NFTs and certain stablecoins. This move is because they (NFTs and stablecoins) don’t conform to some of FASB’s requirements. Businesses possessing crypto will need to...
Japan’s FSA is proposing tax breaks for crypto investors. Crypto profits, including unrealized gains, are taxed at roughly 30% currently. Japan established a legal framework for stablecoins. In favor of...