Can Accountants Give Financial Advice?

If you work with money, or you run a business, you may have encountered accountants and financial advisors or planners. In the financial industry, these two career paths are heavily involved in wealth management. You may have wondered whether your accountant is able to double up as a financial planner or advisor and provide you…

Japan to revise forex law to end crypto loophole for sanctions on

Japan will revise its foreign exchange law to prevent Russia from evading Western financial sanctions following Moscow’s invasion of Ukraine through cryptocurrency assets, top government officials said on Monday. The government will submit a revision of the foreign exchange and Foreign Trade Act to the current parliament session to strengthen protections against potential sanction-busting by…

Cryptocurrency aid for Ukraine: Innovation or just a sideshow?

Ukraine, which has waged a staunch defense against Russian invasion, says it has pioneered a new source of financial support: People around the world who have donated millions of dollars directly to its war effort via cryptocurrencies such as bitcoin. Since Feb 26, when Ukrainian officials began tweeting calls for cryptocurrency donations, the Ukrainian government…