Two open FASB projects will decide whether stablecoins count as cash equivalents and whether wrapped tokens get fair value treatment. This site tracks both meeting by meeting — neutral, cited, and current.
FASB Tracker · Standard-Setting
Both open digital-asset projects — stablecoins as cash equivalents and wrapped-token scope — tracked board meeting by board meeting, with decision text, ASC references, and sources.
FASB Digital Assets Tracker →Tools · Decision Support
Seven client-side tools with pinpoint citations: scope analysis, the cash-equivalent qualifier, journal entries, the disclosure rollforward, the de minimis checker, a compliance calendar, and workpaper templates.
Practitioner Tools →US GAAP · ASC 350-60
Fair value measurement of crypto assets under ASU 2023-08 is mandatory for fiscal years beginning after December 15, 2024. Scope, presentation, and disclosure requirements with references.
US GAAP Standards →US Tax · IRS Form 1099-DA
The first broker-reporting cycle is complete: Form 1099-DA covered 2025 transactions, with recipient copies delivered February 2026. Cost basis phase-in and stablecoin rules continue to evolve.
US Tax Reporting →EU Tax · DAC8 · CARF
DAC8 data collection has been live across the EU since January 1, 2026, with CARF obligations in 52 countries. First automatic exchanges between tax authorities arrive in 2027.
EU & Global Tax →Audit · Attestation · Reserves
AICPA stablecoin reporting criteria, the revised Digital Assets Practice Aid, Proof of Reserves engagements, and PCAOB considerations for auditing digital asset holdings.
Audit & Attestation →| Date | Event | Status |
|---|---|---|
| 2027 (expected) | Final FASB ASUs on stablecoin cash equivalents and crypto transfers | Upcoming |
| 2026 (expected) | Proposed ASUs with 90-day public comment periods | Upcoming |
| Apr 15, 2026 | FASB tentative decisions: stablecoin examples; wrapped-token scope expansion | Tentative |
| Feb 17, 2026 | First Form 1099-DA recipient copies delivered (2025 transactions) | Completed |
| Jan 1, 2026 | DAC8 and CARF data collection live (EU + 52 countries) | Effective |
| Nov 19, 2025 | FASB adds crypto transfers (wrapped tokens) project to agenda | |
| Oct 29, 2025 | FASB adds stablecoin cash-equivalents project to agenda | |
| Mar 2025 | AICPA Criteria for Stablecoin Reporting issued | Final |
| FY after Dec 15, 2024 | ASC 350-60 fair value accounting mandatory | Effective |
| Dec 2023 | FASB ASU 2023-08 issued | Final |
| 2027 | First CARF/DAC8 information exchange between tax authorities | Upcoming |