ChainCatcher news, according to Bitcoin.com, the Federal Accounting Standards Advisory Board (FASAB) of the United States recently released a Technical Bulletin (TB) clarifying the accounting and reporting standards for seized and forfeited digital assets. It stated that seized cryptocurrency should be regarded as "nonmonetary property," while central bank digital currency (CBDC) should be considered a monetary instrument.FASAB noted that cryptocurrencies "typically do not possess all the characteristics of money," emphasizing that they "cannot effectively serve as a unit of account, medium of exchange, or store of value." The announcement further suggested that reporting entities use "the publicly observable active market for specific digital assets" to determine the market value of seized and forfeited digital assets, and pointed out that management should exercise judgment in selecting the most appropriate valuation market.It is reported that FASAB is responsible for establishing and issuing accounting standards for the U.S. government.