PwC Signals Deeper Crypto Push After U.S. GENIUS Act Brings Stablecoin Clarity
PwC, one of the world's largest accounting firms, is expanding its involvement in crypto—particularly in stablecoins and tokenization—following the passage of the U.S. GENIUS Act. The act provides legal clarity by mandating 1:1 backing of stablecoins with cash or U.S. Treasury assets, boosting regulatory certainty. PwC, which had been cautious due to earlier regulatory ambiguity, now plans to deepen its crypto services, including strategy, auditing, tax handling, and cybersecurity for banks, exchanges, and governments. The firm’s rehired key personnel and is already auditing crypto clients. This move reflects broader mainstream acceptance of digital assets as clear regulations attract major financial institutions.
TheNewsCrypto01/05 10:50
