{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/350/60/#35-subsequent-measurement","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"350","topic_title":"Intangibles—Goodwill and Other","subtopic":"350-60","subtopic_title":"Crypto Assets","section":{"number":"35","label":"35 Subsequent Measurement","anchor":"35-subsequent-measurement","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"350-60-35-1","para":"35-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"GUID-F0C544DD-D952-4EAE-9358-7D121EE4199C\"><span class=\"sfragment-source\">An entity shall measure crypto assets at <a href=\"/glossary/f/#fair-value\" class=\"term\" title=\"The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.\"><span>fair value</span></a> in the statement of financial position. Gains and losses from the remeasurement of crypto assets shall be included in net income.</span></span></div></div></div>","snippet":"An entity shall measure crypto assets at fair value in the statement of financial position. Gains and losses from the remeasurement of crypto assets shall be included in net income.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9287fcb3f90cccc72dd895438bcc76accacbb52ab4e0d65f3e5eea8b587b5c87","downloaded_from":"2026-09-10T00:03:20.817Z","last_downloaded_at":"2026-09-10T00:03:20.817Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476169","source_sha256":"85cbd77ba1bb95aed3daae69f1b9111bbb94dbf4158e34622945e3129b4fc262"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ae0b540f9b44de1ec7d0521a37feca7161df25f1a2c5361136c80ade0198933f","downloaded_from":"2026-09-10T00:03:20.817Z","last_downloaded_at":"2026-09-10T00:03:20.817Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476169","source_sha256":"85cbd77ba1bb95aed3daae69f1b9111bbb94dbf4158e34622945e3129b4fc262"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e2dd0b6d3f0457d130d4bc84955bb9146d491dbb754d0cfd1f82060c32d8fb04","downloaded_from":"2026-09-10T00:03:20.817Z","last_downloaded_at":"2026-09-10T00:03:20.817Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476169","source_sha256":"85cbd77ba1bb95aed3daae69f1b9111bbb94dbf4158e34622945e3129b4fc262"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e2dd0b6d3f0457d130d4bc84955bb9146d491dbb754d0cfd1f82060c32d8fb04","downloaded_from":"2026-09-10T00:03:20.817Z","last_downloaded_at":"2026-09-10T00:03:20.817Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476169","source_sha256":"85cbd77ba1bb95aed3daae69f1b9111bbb94dbf4158e34622945e3129b4fc262"}}