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PwC deepens crypto push as U.S. rules shift and stablecoins go mainstream: Report

CoinDesk
PwC is expanding its crypto engagement due to clearer U.S. regulation, particularly around stablecoins, to enhance audit and consulting services.

Summary

PricewaterhouseCoopers (PwC) is significantly deepening its involvement in the crypto sector, driven by a perceived shift toward clearer and more constructive U.S. regulation, such as the passage of the GENIUS Act concerning stablecoins. Paul Griggs, PwC's U.S. senior partner and CEO, stated the firm plans to "lean in" to crypto work, viewing tokenization and stablecoin legislation as key catalysts for expansion. This marks a sharper stance for the Big Four firm, which previously maintained distance due to regulatory uncertainty. PwC is now focusing on being "hyper engaged" in both audit and consulting, actively pitching clients on using stablecoins to improve payment efficiency and settlement speed.

(Source:CoinDesk)