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US accounting board FASB proposes conditions for stablecoins as cash equivalents

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US accounting board FASB proposes conditions for stablecoins as cash equivalents
« on: Today at 04:04:13 AM »
US accounting board FASB proposes conditions for stablecoins as cash equivalents

US accounting board FASB proposes conditions for stablecoins as cash equivalents

The FASB said secondary-market liquidity alone would not be enough, with holders needing direct issuer redemption rights and one-to-one liquid reserves.


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