Nasdaq-listed cryptocurrency exchange Coinbase has revealed that it will offer spot cryptocurrency trading services on its global platform to institutional investors outside the United States.
The U.S.-based Financial Accounting Standards Board (FASB) recently announced a significant update to accounting standards, allowing companies like MicroStrategy (MSTR) to reflect the real-time value of their crypto holdings, a method known as "fair value" accounting.
Turkey is actively preparing to roll out new cryptocurrency legislation, sparking curiosity about its potential impact on the sector, at a time in which two of Turkey’s largest banking groups unveiled crypto initiatives.
Top stories in the Crypto Roundup today:
- Coinbase Launches Spot Crypto Trading for Non-US Institutions
- FASB Updates Accounting Standards for Crypto Assets
- Turkey’s Crypto Sector Awaits New Legislation as Banks Join the Fray
- Ethereum Leads the Pack in CCData’s ESG Benchmark