Crypto Accounting: Big Changes Coming in 2026

Major Initiatives on the Horizon

In 2026, the Financial Accounting Standards Board (FASB) will tackle two significant projects related to cryptocurrency. These initiatives could transform how large corporations approach digital asset investments.

2024: A Turning Point

The FASB introduced landmark changes in 2024:

• Companies must now report the current market value of their crypto holdings quarterly, not just the original purchase price.
• This shift has simplified corporate crypto investments by providing transparent valuations.

Key Issues Under Review

The FASB is currently examining:

1. Stablecoins as Cash Equivalents
   • Treating stablecoins (e.g., Tether, USD Coin) like cash could streamline corporate transactions.
2. Digital Asset Transfers
   • Clarifying rules for wrapped tokens and staking to standardize reporting.

2025: Regulatory Tailwinds

• The Securities and Exchange Commission (SEC) relaxed rules, making it easier for banks to hold crypto.
• The government established a Bitcoin reserve, signaling official recognition of crypto as a legitimate asset.

Corporate Crypto Boom

• MicroStrategy amassed a massive Bitcoin portfolio.
• BlackRock launched a Bitcoin ETF.
• A survey revealed that many institutional investors plan to expand their crypto holdings.

The Importance of Clear Accounting

• Transparent rules help companies compare investments and make informed decisions.
• Accurate valuations reflect the true worth of crypto assets.

Timeline for Finalization

• The FASB expects to finalize these rules by 2027 or 2028.
• However, companies are already adopting new infrastructure to capitalize on crypto opportunities.

Conclusion

The FASB's 2026 projects, combined with supportive regulations and improved infrastructure, are accelerating corporate crypto adoption. Accountants are recognizing this trend and developing frameworks to meet institutional needs.