By Chayanika Deka Crypto investors may be underestimating where the industry is heading, according to Bitwise Chief Investment Officer Matt Hougan, who has pointed to three mistakes he sees in the market right now. In a recent post, Hougan said that investors are using today’s market size, established brands, and current activity to judge crypto’s […]
Tag: PYUSD
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, […]
By Wayne Jones Nasdaq plans to add overnight stock trading from 9 p.m. to 4 a.m. ET in December 2026, subject to SEC approval and other technical requirements. BitGo CEO Mike Belshe and crypto analyst Nate Geraci say the move shows traditional markets are adopting ideas that crypto exchanges have used for years. Nasdaq Plans […]