The Big Four accounting firms fully enter the crypto space: industry changes behind the warming of US regulation

robot
Abstract generation in progress

【Blockchain Rhythm】Big events are coming again. PwC CEO Paul Griggs recently expressed his stance, stating clearly that the company plans to expand its business in cryptocurrency and digital assets. What’s the reason? He explained straightforwardly in an interview: first, the US regulatory agencies have changed leadership; second, the GENIUS Act related to stablecoins is being promoted. These two factors together have made PwC feel the need to keep up with the pace.

Griggs also emphasized that once the legal framework and regulatory rules around stablecoins are clarified, market confidence can be greatly enhanced. Coupled with the ongoing fermentation of the asset tokenization trend, PwC has realized that it cannot be absent from this transformation; it must be involved.

Just look at PwC’s current actions. Their listed crypto services on their official website are already comprehensive: auditing, accounting, cybersecurity, wallet management, and compliance consulting. Their clients include not only crypto exchanges and traditional financial institutions looking to enter this space but also governments, central banks, and regulatory agencies. This is a full coverage approach.

Griggs also revealed some details: over the past 10 to 12 months, PwC has been increasing its investments in the digital asset field. Whether in auditing or consulting services, they are basically expanding across the board, and more and more business opportunities are emerging.

Interestingly, the Big Four accounting firms are all involved now. Deloitte is working on blockchain strategy and consulting, EY covers crypto strategy and tax support, and KPMG is responsible for crypto auditing, cybersecurity, and consulting networks. The collective entry of these established professional service firms actually signals a bigger trend: against the backdrop of gradually clarifying US regulatory environment, digital assets are beginning to be truly accepted by the mainstream professional service system. This change is worth paying attention to.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
MoneyBurnervip
· 01-07 03:55
All four major players are involved now. Is this really the start of a surge? As soon as regulations loosen, everyone rushes in. I'm just worried it will turn into another scene where the retail investors get stuck holding the bag.
View OriginalReply0
ThesisInvestorvip
· 01-05 17:48
pwc is really going all in, and they follow the trend whenever regulatory expectations change. This wave definitely sends a strong signal.
View OriginalReply0
DegenGamblervip
· 01-05 08:17
Wow, are the Big Four all rushing to grab a share? The crypto world is really about to take off now. --- Once regulation loosens, PwC will jump in. The signal is clear enough; I need to stock up more stablecoins. --- Tsk, it's that same phrase again—"significant increase in market confidence." It's getting hard to listen to. --- Are the Big Four entering crypto? Wait, is this good news or a trick? I can't quite figure it out. --- Wallet management is now in place. Looks like PwC is really all in. --- The big trend of tokenization? Anyway, I'm just waiting to buy the dip, no matter who comes or doesn't come. --- Once the regulatory framework is clear, how much could prices drop? Don't be too optimistic. --- Why hasn't the price gone up after this news came out? I'm a bit disappointed.
View OriginalReply0
YieldFarmRefugeevip
· 01-05 08:11
The four giants are also involved; is the crypto world really about to take off... or are they just here to harvest the little guys?
View OriginalReply0
RektRecoveryvip
· 01-05 08:04
ngl, pwc jumping in now screams desperation more than optimism... classic "better late than never" energy from the big4. monitoring this one closely—regulatory tailwinds are always the precursor to the rug pull nobody sees coming.
Reply0
MoodFollowsPricevip
· 01-05 07:55
The four major players are starting to get competitive. This round of regulatory relaxation is really not a joke. --- PWC is betting that the GENIUS Act will pass. Once regulations are in place, the pricing power of stablecoins will change. --- Asset tokenization has long been overdue; now we’re just waiting for these old institutions to get on board. --- Honestly, they’re just smelling the money. They acted like they couldn’t see it before, but now they’re running very fast. --- Projects backed by the four major firms indeed have better fundraising prospects. This makes it even harder for small coins to stand out. --- However, auditing and compliance consulting are definitely needed. Those shady agencies from before really should be investigated. --- PWC’s involvement is a good thing, but we also need to watch out for how greedily they charge.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)