{"id":7759,"date":"2025-01-15T10:18:38","date_gmt":"2025-01-15T10:18:38","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=7759"},"modified":"2025-01-15T10:18:38","modified_gmt":"2025-01-15T10:18:38","slug":"new-crypto-accounting-rules-could-accelerate-corporate-bitcoin-adoption-says-ceo-of-leading-btc-miner-mark-to-market-standards-really-important","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=7759","title":{"rendered":"New Crypto Accounting Rules Could Accelerate Corporate Bitcoin Adoption, Says CEO Of Leading BTC Miner \u2014 Mark-To-Market Standards &#8216;Really Important&#8217;"},"content":{"rendered":"<div>\n<p><strong>HIVE Digital Technologies Ltd<\/strong>. (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/HIVE#NASDAQ\">HIVE<\/a>) co-founder <strong>Frank Holmes<\/strong> said that the new cryptocurrency accounting standards will remove barriers to corporate adoption of <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>).<\/p>\n<p><strong>What Happened<\/strong>:\u00a0During an interview with <strong>Scott Melker<\/strong>, host\u00a0of the popular \u201cThe Wolf of All\u00a0Streets\u201d podcast, Holmes was asked about the rule change by the Financial Accounting Standards Board and whether it will drive more companies to consider Bitcoin as a reserve.<\/p>\n<p>\u201cYes, absolutely,\u201d responded Holmes, who leads North America\u2019s first publicly traded Bitcoin mining company.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Could new accounting rules spark a corporate Bitcoin gold rush? <a href=\"https:\/\/twitter.com\/search?q=%24HIVE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$HIVE<\/a> Executive Chairman <a href=\"https:\/\/twitter.com\/bulldogholmes?ref_src=twsrc%5Etfw\">@bulldogholmes<\/a>  &amp; <a href=\"https:\/\/twitter.com\/scottmelker?ref_src=twsrc%5Etfw\">@scottmelker<\/a> dive into how these changes could revolutionize corporate and sovereign adoption of BTC. Don&#8217;t miss this game-changing conversation! <a href=\"https:\/\/t.co\/PmnVeuqG2E\">https:\/\/t.co\/PmnVeuqG2E<\/a> <a href=\"https:\/\/t.co\/3NcaSP3mVI\">pic.twitter.com\/3NcaSP3mVI<\/a><\/p>\n<p>\u2014 HIVE Digital Technologies (@HIVEDigitalTech) <a href=\"https:\/\/twitter.com\/HIVEDigitalTech\/status\/1879244593088045276?ref_src=twsrc%5Etfw\">January &#8230;<\/a><\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/42996138\/new-crypto-accounting-rules-could-accelerate-corporate-bitcoin-adoption-says-ceo-of-leadin\" alt=\"New\" crypto accounting rules could accelerate corporate bitcoin adoption says ceo of leading btc miner mark-to-market standards important>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>HIVE Digital Technologies Ltd. (NASDAQ:HIVE) co-founder Frank Holmes said that the new cryptocurrency accounting standards will remove barriers to corporate adoption of Bitcoin (CRYPTO: BTC). What Happened:\u00a0During an interview with Scott Melker, host\u00a0of the popular \u201cThe Wolf of All\u00a0Streets\u201d podcast, Holmes was asked about the rule change by the Financial Accounting Standards Board and whether [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-7759","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7759"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7759\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}