The Financial Accounting Standards Board (FASB) has a project on the accounting for certain digital assets that would have an impact on how an entity holding certain digital assets, like bitcoin, would subsequently measure its bitcoin. The FASB’s proposed amendments may require those digital assets to be accounted for at fair value. These changes when finalized by the FASB may affect the accounting for crypto a company holds and records on its balance sheet. The proposed amendments currently do not have changes to revenue or expense accounting related to crypto.10 Perhaps the most important thing when investing in anything is to do your homework. This is particularly important when it comes to cryptocurrencies, which are often amazon cryptocurrency price linked to a specific technological product that is being developed or rolled out. When you buy a stock, it is linked to a company that is subject to well-defined financial reporting requirements, which can give you a sense of its prospects.