According to Compounding Quality, US GAAP is the Generally Accepted Accounting Principles used in the United States for financial reporting (source: Compounding Quality on Twitter, June 20, 2025). For traders, understanding US GAAP is crucial as it directly impacts the transparency and comparability of financial statements for publicly traded companies, including those dealing in cryptocurrencies and blockchain assets. Compliance with US GAAP ensures that crypto-related financial disclosures are consistent and reliable, allowing traders to make informed decisions based on accurate data. This framework is especially important as more crypto firms seek public listings and institutional investment grows.

According to a viral post by @unusual_whales, politicians often avoid transparency when questioned about their stock trades, raising concerns over market fairness and insider trading (source: @unusual_whales on Twitter, June 2024). This ongoing lack of transparency has prompted increased regulatory attention, which could lead to tighter oversight and potentially impact correlated assets, including cryptocurrency markets. Traders should monitor regulatory developments, as stricter rules on politicians’ financial disclosures may influence overall market sentiment and risk appetite within both equities and digital assets sectors.

According to Justin Sun, the financial team must quickly provide financial records as his company plans to file a civil lawsuit in Hong Kong High Court to demand public disclosure of these records, which are crucial for protecting their legal interests.

According to EmberCN, Bybit has introduced a new listing requirement for cryptocurrency projects to disclose financial reports, token circulation/unlocking, and operational data. This move is comparable to traditional stock market financial disclosures and aims to provide transparency for investors. The first project to comply with this requirement is SoSoValue ($SOSO), which has released its financial and operational data.