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Former PayPal President: Fair value measurement removes a major obstacle for companies to hold Bitcoin on their balance sheets

Former PayPal President: Fair value measurement removes a major obstacle for companies to hold Bitcoin on their balance sheets

CointimeCointime2023/12/13 17:03
By:Cointime

David Marcus, former president of PayPal, said that the new fair value accounting rules for cryptocurrencies in the United States are "actually a big deal," which eliminates a major obstacle for companies holding Bitcoin on their balance sheets.

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