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Pavan 🎭
@pavankumarkr
According to Bitcoin.com, the Federal Accounting Standards Advisory Board (FASAB) said that seized crypto assets should be considered "nonmonetary property" and central bank digital currencies (CBDCs) should be considered monetary instruments. FASAB said that cryptocurrencies "generally do not have all the characteristics of currencies," emphasizing that they "cannot effectively serve as a unit of account, medium of exchange, or store of value." FASAB…
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