Readily determinable definition
Readily determinable generally means that a market value can be established with reasonable effort. Due to the inherent volatility and risk associated with most digital asset markets, reporting entities should apply a conservative approach to measuring seized and forfeited digital assets and report a market value only if management can determine that a publicly observable active market exists for the specific digital asset. Management should apply judgment in determining the most appropriate publicly observable active market to reference for valuing each digital asset. Management could theoretically use different active markets for valuing different types of digital assets.
Readily determinable generally means that a market value can be established with reasonable effort.
Readily determinable generally means that a market value can be conclusively established without difficulty. Due to the inherent volatility and risk associated with most digital asset markets, reporting entities should apply a conservative approach to measuring seized and forfeited digital assets and report a market value only if management can conclusively determine that a publicly observable active market exists for the specific digital asset. Management should apply judgment in