Big Four Accounting Firm PwC Ramps Up Crypto Push After Regulatory Thaw
PwC is transferring deeper into crypto after years of cautious engagement, with the Big Four agency saying the Trump administration’s shift on digital belongings has given company America extra room to behave.
Paul Griggs, PwC’s US senior associate, informed the Financial Times the agency determined to “lean in” as Washington put in pro-crypto regulators and Congress superior new guidelines for components of the market that banks and blue-chip corporations watch intently.
The change lands as stablecoins transfer from a distinct segment device for crypto merchants towards mainstream cost plumbing.
Stablecoin Law And SEC Direction Pull Crypto Closer To Wall Street
President Donald Trump signed the GENIUS Act into law in July 2025, setting a federal framework for regulating cost stablecoins and opening the door for banks to difficulty their very own tokens.
“The Genius Act and the regulatory rulemaking round stablecoin I count on will create extra conviction round leaning into that product and that asset class,” Griggs stated. “The tokenization of issues will definitely proceed to evolve as nicely. PwC needs to be in that ecosystem.”
Regulation can be shifting on the Securities and Exchange Commission. Chair Paul Atkins has stated he needs clearer, extra predictable guidelines for crypto markets, and Reuters reported the company is engaged on new approaches for a way tokens are issued, held and traded.
PwC sits on the centre of that demand as a result of it is without doubt one of the world’s largest skilled companies networks, finest identified for auditing public corporations and advising executives on tax, offers, controls and danger.
Regulatory Comfort Spurs Demand For Audits And Token Expertise
As crypto merchandise transfer into regulated finance, shoppers want auditors who can check reserves, governance and disclosure, and consultants who can map how tokenized money and tokenized belongings circulation by way of real-world techniques.
Until lately, the Big Four saved greater hurdles for a lot of crypto shoppers within the US, partly as a result of regulators signalled skepticism and the sector carried reputational danger after repeated blowups.
Watchdogs have additionally lengthy flagged client safety considerations and the usage of digital belongings in fraud and cash laundering.
With the US coverage temper turning friendlier, Griggs stated PwC has been pitching crypto tech as a sensible improve for funds, with stablecoins framed as a option to make transfers sooner and cheaper in sure corridors.
PwC Builds Crypto Bench Strength To Support New Clients
PwC can be taking up audit work within the sector. Mara Holdings, a publicly traded bitcoin miner, appointed PwC as its auditor for the fiscal 12 months ending Dec. 31, 2025, in keeping with an organization submitting.
Griggs stated PwC additionally needed to construct functionality earlier than taking up extra work, together with senior hires comparable to Cheryl Lesnik.
“We are by no means going to lean right into a enterprise that we haven’t geared up ourselves to ship,” he informed the FT. “Over the final 10 to 12 months, as we’ve taken on extra alternatives in that digital belongings area, we’ve bolstered our useful resource pool inside and outdoors.”
The push shouldn’t be occurring in isolation. Deloitte has audited Coinbase since 2020, and KPMG has additionally been advertising digital asset compliance and danger companies, because the Big Four place for a market the place tokenization and controlled stablecoins pull conventional finance nearer to crypto rails.
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