FASB Holds October 29 Meeting

At its October 29, 2025, meeting, the FASB decided to add to its technical agenda a project on clarifying whether certain digital assets may be classified as cash equivalents and discussed stakeholder feedback received as part of staff outreach on the topic. The Board also provided feedback to the staff on possible approaches to a project addressing the potential classification of certain stablecoins as cash and cash equivalents.

For more information, see Deloitte’s October 31, 2025, Heads Up as well as the tentative Board decisions on the FASB’s Web site.