By admin The Financial Accounting Standards Board has put forward a proposed, though not yet finalized, accounting update that would permit certain fiat-backed stablecoins to be classified as cash equivalents on corporate balance sheets under US GAAP. The proposal introduces a three-part test focused on redemption rights and the quality of underlying reserves. If adopted, […]
Category: News
By Wayne Jones David Schwartz, Ripple’s CTO emeritus, has warned that government rules around AI safety and copyright could give authorities unprecedented control over political and social speech. His argument centers on who gets to decide what AI systems can create, know, and discuss. Two Legal Fights, One Argument Schwartz laid out the case in […]
By Chayanika Deka BlackRock said Bitcoin’s more than 50% decline from its all-time highs in October 2025 to its mid-2026 lows has not changed its long-term investment case. In its latest report, the asset manager attributed the sell-off to “idiosyncratic deleveraging and flow dynamics” rather than a structural shift in the cryptocurrency’s trajectory. Long-Term Case […]