THELOGICALINDIAN - Another Big Four close joins the bitcoin anarchy as the auditing association Pricewaterhousecoopers PWC Hong Kong appointment accustomed a acquittal in bitcoin according to the Wall Street Journal The accountancy association follows the advance of the Deloitte and Ernst Young EY offices that accept already started accepting bitcoin for banking services
PWC Hong Kong Accepts Bitcoin for Financial Consultancy Services
PWC is a acclaimed auditing close that offers bunch banking casework with offices all about the globe. The aggregation is currently the second-largest ‘Big Four’ auditing aggregation in the apple and has captivated this almanac for the accomplished seven years. This anniversary the Wall Street Journal reports that the company’s Hong Kong appointment has accustomed bitcoin as a acquittal for consultancy services. PWC has been absorbed in agenda bill solutions and blockchain technology for the accomplished three years. The accountancy firm’s Asia-Pacific chairman, Raymund Chao, says the move is a anniversary for the company.
“It is additionally an adumbration that bitcoin and added accustomed cryptocurrencies accept now developed into added broadly accustomed forms of settlement,” explains Chao.
PWC Follows the Other ‘Big Four’ Firms That Have Embraced Bitcoin
The aggregation is a blow abaft its competitors as both Deloitte and EY acquire offices that acquire the cryptocurrency and bitcoin ATMs as well. For instance, at Deloitte’s Toronto appointment the aggregation installed a bitcoin ATM in the antechamber and the aggregation uses it to appearance clients. Deloitte’s Iliana Oris Valiente told news.Bitcoin.com aback in September of 2016 that “using bitcoin is basic to compassionate the blockchain.” Then in November the close EY announced its Switzerland annex was accepting bitcoin for banking administration services, and additionally installed an ATM in the capital building. The added ‘Big Four’ close KPMG has not confused appear the cryptocurrency bitcoin aloof yet, but has been complex with blockchain research.
‘Cryptocurrency Represents the Beginning of a New Phase of Technology-Driven Markets’
PWC abutting in on the bitcoin fun is no abruptness as the aggregation has acclaimed the allowances of cryptocurrency for absolutely some time.
“[Cryptocurrency has] acquired accepting from a analytical accumulation of investors, technologists, regulators, merchants, entrepreneurs, and consumers,” explains PWC.
What do you anticipate about PWC’s Hong Kong appointment accepting bitcoin? Let us apperceive in the comments below.
Images via Shutterstock, PWC, and PwC’s Hong Kong office.
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