FASB plans to take a closer look at cryptocurrency accounting in 2026, adding two digital-asset projects to an already crowded agenda shaped by its most recent agenda consultation.

According to The Wall Street Journal, the board will explore whether certain stablecoins could qualify as cash equivalents and how companies should account for transfers of crypto assets, including so-called wrapped tokens.

The projects emerged from public feedback submitted during the FASB’s agenda consultation process, which generated more than 70 potential topics for consideration.

Chair Rich Jones emphasized that stakeholder input plays a central role in shaping the board’s priorities, noting that “a lot of people spend a lot of time and effort to help us with formulating what our agenda is.” He framed 2026 as a year for the board to deliver on those commitments.

The cash-equivalent project will focus primarily on stablecoins, which are typically pegged to fiat currencies, and aims to clarify both what may qualify and what does not. Jones said that distinction is essential for both preparers and investors.

Separately, the transfer project builds on the 2023 standard requiring fair-value accounting for many crypto assets, an update that addressed a longstanding gap in GAAP but left questions around de-recognition unresolved.