Using the FASB ASC, please answer the following questions.   (a). The current guidance in the FASB ASC (U.S. GAAP) does not directly address accounting for cryptocurrencies.  Assume the lack of guidance is not an oversight and an asset category must be selected in which to report the corporation's cryptocurrency holdings. How should the Company's holdings of cryptocurrency be classified on the Balance Sheet under U.S. GAAP? (b). How was the conclusion to question (a) derived? (c). Would there be any exceptions to the asset category selected?

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