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PwC Adopts Crypto Amid Changing U.S. Regulations

According to the Financial Times, PwC, a leading Big Four accounting firm, is expanding into cryptocurrency services in response to evolving U.S. regulatory conditions.

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Terms & Concepts
  • Big Four accounting firms: The four largest professional services networks in the world—PwC, Deloitte, EY, and KPMG—providing audit, assurance, tax, and consulting services.
  • Cryptocurrency: Digital or virtual currency secured by cryptography, often operating on decentralized blockchain networks.
  • U.S. regulations: Legal rules and frameworks established by the United States government to govern markets and industries, including digital assets.