PwC US now actively embracing crypto work, citing political shift

Paul Griggs, the U.S. managing partner of Big Four accounting firm PricewaterhouseCoopers (PwC), said in an interview with the Financial Times that the firm has shifted its stance to actively embrace crypto-related business. He stated that while PwC was initially very conservative toward the crypto sector, it changed its approach following the election of U.S. President Donald Trump. Griggs described the move as a business decision driven by the administration's appointment of pro-crypto figures to head regulatory agencies and the passage of crypto-friendly legislation by the Republican-led Congress. He emphasized that the tokenization market will continue to develop and that PwC must be an active participant, adding that the firm is now involved in all crypto-related work, from auditing to consulting, and anticipates more opportunities in the future.