After years of maintaining a cautious, even avoidant, stance on the cryptocurrency sector, the "big four" global auditing firms are beginning to make a clear shift, and PwC is the latest name to demonstrate this change. PwC's move to increase investment and expand its crypto-related activities is XEM as a significant signal that digital assets are gradually gaining recognition as a mainstream part of the global financial system.
Chia to Paul Griggs, Chairman of PwC in the US, the decision to accelerate participation in the crypto market is not a spur-of-the-moment move, but stems from fundamental changes in the legal and policy environment in the United States. He emphasized that the appointment of numerous US officials with more open and friendly views towards cryptocurrencies, along with Congress passing important laws related to stablecoins and digital assets, has created a major turning point for the entire industry. In this context, the GENIUS Act and new regulatory frameworks for stablecoins are expected to contribute to strengthening market confidence, reducing legal risks, and paving the way for stronger institutional Capital participation.
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Paul Griggs also believes that tokenization, the process of digitizing traditional assets such as stocks, bonds, real estate, or investment funds onto the blockchain, will continue to accelerate in the coming years. As one of the world's largest auditing and consulting firms, PwC cannot stand outside such a rapidly developing ecosystem. Its early Vai in the crypto and blockchain sector allows PwC to prepare its auditing, risk advisory, compliance, and financial structuring capabilities for digital asset businesses as well as traditional organizations looking to transform.
