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Close to 60,000 BTC Erased From Bitcoin Treasuries in 9 Months, 4 Entities Hold More Than 100K BTC
During the last two years, a number of public and private companies, exchange-traded products (ETPs), and countries have added bitcoin to their balance sheet. However, during the last nine months of 2022, the number of bitcoin stored in…
Hong Kong to Unveil Virtual Assets-Related Policy Statement on Upcoming Fintech Week
The Hong Kong Special Administrative Region's government will release the plans for the development of virtual assets in the city during the upcoming FinTech Week by the end of the month.
In a blog post published by Financial…
FASB guidelines could ‘smooth the way’ for broader crypto adoption
The United States Financial Accounting Standards Board (FASB)’s decision to allow companies to use “fair value” to account for their crypto holdings could be seen as another step toward the wider institutional adoption of…