350-60-15-1 The guidance in this Subtopic applies to holdings of assets that meet all of the following criteria:
a. Meet the definition of intangible assets as defined in the Codification
b. Do not provide the asset holder with enforceable rights to or claims on
underlying goods, services, or other assets
c. Are created or reside on a distributed ledger based on blockchain or
similar technology
d. Are secured through cryptography
e. Are fungible
f. Are not created or issued by the reporting entity or its related parties.
a. Meet the definition of intangible assets as defined in the Codification
b. Do not provide the asset holder with enforceable rights to or claims on
underlying goods, services, or other assets
c. Are created or reside on a distributed ledger based on blockchain or
similar technology
d. Are secured through cryptography
e. Are fungible
f. Are not created or issued by the reporting entity or its related parties.