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US accounting board FASB proposes conditions for stablecoins as cash equivalents https://cointelegraph.com/news..../us-accounting-board #kripto #crypto #cointelegraph

US accounting board FASB proposes conditions for stablecoins as cash equivalents
cointelegraph.com

US accounting board FASB proposes conditions for stablecoins as cash equivalents

The FASB said secondary-market liquidity alone would not be enough, with holders needing direct issuer redemption rights and one-to-one liquid reserves.
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