The Financial Accounting Standards Board (FASB) in the United States has announced that it will prioritize two cryptocurrency-related accounting issues in 2026: first, whether certain crypto-assets can be recognized as cash equivalents; and second, the accounting treatment norms for cryptocurrency transfers. These are the first batch of projects included by the FASB from over 70 agenda solicitation topics, and it is expected to finalize the final promotion plan before the end of summer.
Currently, there is a lack of precise and suitable rules for crypto-assets in US GAAP. If stablecoins are recognized as "cash equivalents," it will significantly impact the presentation of corporate financial statements and the assessment of liquidity, and also provide accounting-level support for the standardization of the crypto-asset market. This move by the FASB is of great significance. In the era of digitalization, as the cryptocurrency market continues to expand and more and more enterprises get involved, establishing a scientific and reasonable accounting treatment system is crucial for accurately reflecting corporate financial conditions, providing effective regulatory basis, and promoting the healthy and orderly development of the crypto-asset market.
Published on December 29, 2025
