Our open letter to the Financial Accounting Standards Board: “We believe there is a pervasive need…

1 · Coinbase · Sept. 23, 2021, 6:44 p.m.
Our open letter to the Financial Accounting Standards Board: “We believe there is a pervasive need to improve the accounting for crypto assets”Tl:Dr: Coinbase is actively seeking clarity around crypto accounting standards. Today, we shared our thoughts with a key industry body, the Financial Accounting Standards Board.On June 24 2021, the Financial Accounting Standards Board (FASB) issued an invitation to comment, seeking feedback about future accounting standards to address topics that are of t...