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Cryptocurrency Accounting: Why Net Income and P / E Have Become Even More UselessCryptographic assets, including cryptocurrencies such as Bitcoin, have generated a significant amount of interest recently, given their rapid increases in value. FASB issues proposed ASU on crypto asset accounting � FASB proposes new US GAAP Subtopic on accounting, reporting and disclosure of in-scope crypto assets. Top 10 Crypto Accounting Issues � 1- Incomplete and Fragmented Data � 2- New Blockchains, Products & Services � 3- High Volumes � 4- Legacy System Limitations.
