From www.acuitymag.com: Jason Titman, CEO of Swyftx, maintains that traditional accounting frameworks like IFRS and GAAP are inadequate for the complexities of cryptocurrency, requiring chartered accountants to adapt their skills for financial reporting and management in this volatile market.

He advocates for active management and flexible budgeting strategies to navigate crypto’s price fluctuations and regulatory uncertainties, suggesting that CAs can take on diverse roles in the evolving digital asset space.

With increasing institutional involvement in blockchain and crypto, Titman encourages young professionals to gain expertise in this sector, as it will significantly impact finance and business operations in the future.