These firms have encouraged FASB to reconsider current valuation guidance. Nonprofits holding crypto should monitor this guidance closely from year to year as a change back to a fair value framework could significantly change the value of reported net assets. A related option for public health and environmental nonprofits is to partner with the BitGive Foundation that raises funds through bitcoin donations on behalf of partner charities. Note that the BitGive Foundation uses BitPay as donation processor. This article was first published in 2018 based on the experience of the Silicon Valley Community Foundation , which received its first donation of crypto in 2013. The guest author, Bert Feuss, Senior Advisor at Community Capital Advisors, has graciously updated the article to include current valuation practices, new service providers, and considerations for choice of approach. https://jbgrupoempresarial.com/2022 /10/24/world-news-about-cryptocurre ncy-and-blockchain/
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