U.S. Accounting Standards Body to Revisit Crypto Reporting in 2026 Amid Policy Shift

As reported by Bijié Wǎng, the U.S. Financial Accounting Standards Board (FASB) has reopened its 2026 agenda to address key issues in crypto reporting, which could reshape how companies disclose stablecoins and complex token movements. The move comes as Washington signals broader support for regulated digital assets, though FASB stresses its independence. The board will assess whether certain stablecoins qualify as cash equivalents under U.S. GAAP, a classification that could alter balance sheets and cash flow statements for companies using stablecoins for payments or settlements. FASB will also examine accounting for crypto transfers and wrapped tokens, where current guidelines lack clarity. The 2026 work builds on 2023 updates that included many crypto assets in fair value measurement, but stablecoins and crypto remain under that framework. NFTs are largely unaffected.