#fasb asu 2023-08

Unrealized Gains and FASB Fair Value: Crypto Accounting After ASU 2023-08

Unrealized vs. realized gains, and the rule change that put crypto on the income statement. How FASB ASU 2023-08's fair-value model works, what's in and out of scope, the stablecoin gray area, and why your books and your tax return now diverge.