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U.S. accounting-standards group proposes way to see stablecoins as 'cash equivalent'

The Financial Accounting Standards Board, a nonprofit that governs accounting practices, proposed that certain stablecoins should fit the bill as cash-like.

U.S. accounting-standards group proposes way to see stablecoins as 'cash equivalent'

We haven't written up this one. CoinDesk has the full story — the link below goes straight to it.

Read the original at coindesk.com →

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