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What is the Difference Between Bookkeeping and Accounting?

What is the Difference Between Bookkeeping and Accounting?

Small businesses need to ask important questions, such as ‘What is the difference between bookkeeping and accounting?’ The bottom line is both are needed to corral financial records and understand them. Critical financial decisions get made based on the different approaches. And the results from accounting and bookkeeping efforts blend together to make your business …

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NEAR Becomes First Non-EVM Chain With MetaMask Compatibility

NEAR Becomes First Non-EVM Chain With MetaMask Compatibility

The NEAR network has integrated MetaMask. This means that NEAR has become the first not-compatible EVM blockchain. Therefore, Proximity Finance researcher ‘@resdegen’ posted the update over the weekend. He reported that there was no need to create a NEAR wallet as MetaMask now integrates directly with the protocol. In this article, you will discover more about …

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U.S. Treasury Department on Track to Regulate Unhosted Wallets

U.S. Treasury Department on Track to Regulate Unhosted Wallets

The U.S. Treasury Department is progressing toward addressing the anonymity of unhosted crypto wallets as part of Joe Biden’s wider strategy to tackle illicit finance involving digital assets. Following two rules proposed by the Financial Crimes Enforcement Network (FinCEN) in 2020 that enforce transaction reporting on unhosted wallet transactions exceeding $10,000, while also compelling banks …

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Ethereum’s 24hr Liquidations at $140M Exceed Bitcoin’s, Amidst Fears of stETH Depegging

Ethereum’s 24hr Liquidations at $140M Exceed Bitcoin’s, Amidst Fears of stETH Depegging

Summary: Ethereum’s 24-hour liquidations at $140 million have topped the list exceeding Bitcoin’s. Ethereum has been hit by a sell-off that has seen the value of ETH drop to as low as $1,473. The selling of ETH could be attributed to anxiety linked to the depegging of stETH on the various decentralized platforms such as …

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China to miss boom in Asia buyout deals despite likely easing of crackdown

China to miss boom in Asia buyout deals despite likely easing of crackdown

Please try another search Economy 1 hour ago (Jun 14, 2022 02:56AM ET) 2/2 © Reuters. FILE PHOTO: The cityscape of the Beijing Central Business District, or Beijing CBD, is reflected in a pond during sunset, China October 17, 2018. REUTERS/Thomas Peter 2/2 By Scott Murdoch and Kane Wu HONG KONG (Reuters) – Buyout funds …

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BOJ ramps up bond buying to defend yield cap, undermining jawboning

BOJ ramps up bond buying to defend yield cap, undermining jawboning

© Reuters. FILE PHOTO: A Japan Yen note is seen in this illustration photo taken June 1, 2017. REUTERS/Thomas White/Illustration/ By Tetsushi Kajimoto and Daniel Leussink TOKYO (Reuters) -The Bank of Japan ramped up bond buying on Tuesday as its yield cap came under renewed pressure from rising global interest rates, highlighting its difficulty in …

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German Consumer Prices Rise in May as Inflation Pressures Increase

German Consumer Prices Rise in May as Inflation Pressures Increase

© Reuters. By Scott Kanowsky Investing.com — German in May inched higher on a monthly basis to 0.9% from 0.8%, according to a final CPI reading from the Federal Statistical Office on Tuesday, as inflationary pressure deepens on Europe’s largest economy. The also jumped to 7.9% in May, up from 7.4% in the previous month, suggesting …

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UK jobless rate edges up as people return to labour market

UK jobless rate edges up as people return to labour market

Please try another search Economy 45 minutes ago (Jun 14, 2022 03:10AM ET) © Reuters. FILE PHOTO: People walk past a branch of Jobcentre Plus, a government run employment support and benefits agency, in Hackney, London, Britain, August 6, 2020. REUTERS/John Sibley LONDON (Reuters) – Britain’s jobless rate rose for the first time since late …

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