IASB Puts Cryptocurrencies on the 2026 Accounting Agenda: What You Need to Know

• What Are the IASB’s Plans for Cryptocurrencies in 2026?
• FASB’s Parallel Crypto Accounting Push
• Why This Matters for Crypto and TradFi
• Key Differences Between IASB and FASB Approaches
• What’s Next?
• FAQs

Global accounting regulators are finally giving cryptocurrencies and digital assets the attention they deserve. The International Accounting Standards Board (IASB) has unveiled plans to address crypto in its broader effort to update accounting frameworks by 2026. Meanwhile, the Financial Accounting Standards Board (FASB) is preparing similar moves, signaling a future where crypto integrates deeper into traditional finance (TradFi). Here’s a breakdown of what’s coming and why it matters.

What Are the IASB’s Plans for Cryptocurrencies in 2026?

The International Accounting Standards Board (IASB) hasn’t committed to a standalone crypto standard yet, but it’s updating IAS 38 (Intangible Assets), which currently covers cryptocurrencies since they’re often classified as intangible. This update could bring much-needed clarity on how companies report crypto holdings on their balance sheets. Experts see this as a major step toward transparency, potentially boosting crypto’s legitimacy.

The IASB will also tackle pressing issues like whether stablecoins—the most widely used crypto application today—qualify as cash and how to classify certain digital assets (as liabilities or equity). The official work plan for IAS 38 kicks off in late 2026 and includes research to define the project’s scope, likely addressing crypto accounting along the way. The outcome will impact over 140 countries following IASB standards.

FASB’s Parallel Crypto Accounting Push

The Financial Accounting Standards Board (FASB), which sets accounting rules for U.S. public companies, is also making moves. In 2026, it will explore two key topics: whether some crypto assets qualify as cash equivalents and how to account for crypto transfers. These could lead to new standards. Unlike the IASB’s focus on stablecoins and transparency, the FASB added these topics based on public feedback.

Both projects were prioritized among 70+ potential agenda items. FASB Chair Rich Jones noted the board’s responsiveness to stakeholder input, particularly from the Digital Asset Markets Working Group. The stablecoin classification under U.S. GAAP is especially contentious, with businesses eager for clarity. Jones hinted that 2026 will be the year for decisive action: “We’ll uphold our end of the deal.”

Why This Matters for Crypto and TradFi

Clear accounting rules could bridge the gap between crypto and traditional finance. For instance, if stablecoins are deemed cash equivalents, it WOULD simplify corporate treasury management. Conversely, stricter classifications might deter institutional adoption. The FASB’s focus on wrapped tokens and transfer accounting also hints at addressing DeFi complexities.

As a BTCC analyst observed, “These updates could finally align crypto reporting with mainstream financial practices, reducing friction for institutional players.” Data from CoinMarketCap shows institutional crypto holdings grew 20% in 2025, underscoring the need for standardized rules.

Key Differences Between IASB and FASB Approaches

While both boards aim to clarify crypto accounting, their methods differ. The IASB is revising existing standards (IAS 38) to indirectly address crypto, whereas the FASB is creating targeted guidance. The IASB’s global reach contrasts with the FASB’s U.S.-centric focus, but their 2026 timelines suggest coordinated progress.

What’s Next?

Stakeholders should monitor IASB and FASB updates in late 2026. The IASB’s research phase will shape its final proposal, while the FASB aims to finalize its agenda by summer. For traders, these changes could impact how crypto-involved companies are evaluated. As always, DYOR—this article doesn’t constitute investment advice.

FAQs

Will the IASB create a separate standard for cryptocurrencies?

Not yet. The IASB plans to update IAS 38 (Intangible Assets), which may indirectly cover crypto, but a dedicated standard isn’t confirmed.

How will FASB’s rules affect U.S. companies holding crypto?

If crypto assets qualify as cash equivalents, companies could report them more favorably. Transfer accounting rules may also simplify audits.

Could these changes boost crypto adoption?

Potentially. Clearer rules may reduce institutional hesitation, but stricter classifications could have the opposite effect.