Businesses can’t force crypto into traditional accounting frameworks
Businesses’ excitement about digital assets has been reinvigorated this past year, with new regulatory frameworks such as the GENIUS Act accelerating crypto adoption into mainstream finance. Simply put, crypto is reshaping payment methods, allowing businesses to speed up settlements and reach a new, potentially global user base. Just this month,
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We have also seen behemoths like Microsoft accept crypto payments for some of its services, and PayPal, which has integrated cryptocurrency into its platform, allowing its users to buy and sell digital currencies and ultimately wade into digital asset waters. Businesses…
