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FASB Proposes Stablecoin Cash-Equivalent Rules Under US GAAP

By Kelvin Munene at 2026-08-19 05:33

Sentiment: Positive

TLDR FASB proposes allowing certain stablecoins to qualify as cash equivalents under US GAAP. Eligible stablecoins would need full liquid reserve backing. Qualifying tokens must be redeemable for US dollars on demand. Issuers would need to provide annual reserve disclosures. Public comments on the proposal remain open until November 19, 2026. The Financial Accounting Standards [...] The post FASB Proposes Stablecoin Cash-Equivalent Rules Under US GAAP appeared first on CoinCentral. Continue reading...

Categories: Stablecoins

Tags: #Stablecoins #Crypto Regulation #stablecoin

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