Financial Accounting Standards Board

Coinbase buys Deribit for $2.9B as Q1 profit falls 95%
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9 May, 2025

Coinbase buys Deribit for $2.9B as Q1 profit falls 95%

A May 8 report showed that Coinbase generated revenue of $1.96B in the three months ending March 31, a 10%...
Coinbase leans heavily on accounting changes to post billion-plus profit
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6 May, 2024

Coinbase leans heavily on accounting changes to post billion-plus profit

Figures released on May 2 show Coinbase generated revenue of nearly $1.6 billion in the three months, more than twice...
FASB allows US firms to use fair-value accounting under new rules
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15 December, 2023

FASB allows US firms to use fair-value accounting under new rules

The latest accounting standard update, which will take effect in December 2024, will allow firms to use fair-value accounting on...
MicroStrategy’s Saylor struck by Lightning, and possibly a blunt object
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2 November, 2022

MicroStrategy’s Saylor struck by Lightning, and possibly a blunt object

MicroStrategy's three-month revenue suffered a 2.1% slump from last year as the BTC token, which founder Michael Saylor heavily bet...
FASB makes setting digital currency accounting rules for companies a priority
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16 May, 2022

FASB makes setting digital currency accounting rules for companies a priority

In its recent board meeting, the non-profit organization discussed the addition of a project to review "accounting for exchange-traded digital...
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