PwC Signals Deeper Crypto Push After U.S. GENIUS Act Brings Stablecoin Clarity

TheNewsCryptoОпубліковано о 2026-01-05Востаннє оновлено о 2026-01-05

Анотація

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.

PricewaterhouseCoopers (PWC), one of the biggest Accounting Firms, operates in over 150 Countries and has decided to expand its Crypto Involvement in the Stablecoins and tokenization after the U.S. GENIUS ACT was Passed which favors crypto activities. After the long years of Being Cautious The PWC finally says that the regulatory environment in the U.S. has improved.

How the GENIUS Act Is Driving PwC’s Deeper Push Into Crypto

The Genius ACT is the 2025 U.S Bill to regulate the Stablecoins clearly and legally. The key rule of this ACT is to give Stablecoins 1:1 backing by cash or U.S. Treasury Assets. This gives Legal clarity and builds trust among the investors. Before this GENIUS ACT, the PWC stated they were cautious due to the unclear rules and clarity, but now they have the confidence to expand the Crypto Services with any hesitations.

The PWC role in Crypto is very clear: it’s going to work with the Banks, Exchange Platforms, Payment Firms, Digital Assets banks, Token issuers, Investment funds, and Governments to help them with the strategies, risk, and challenges; auditing; handling taxes; and ensuring Cybersecurity, and it plans to work more on tokenization. This clearly shows that PwC wants to be deeply involved in the Crypto ecosystem.

Paul Griggs, PWC’s U.S. CEO, says that the Company should “Lean in” To the Crypto sector. The PWC has also rehired Cheryl Lesnik as a Partner and increased internal Crypto expertise. They have started auditing several Crypto firms right now. The PwC Digital Assets team consists of more than 350 professionals across over 30 countries, supporting clients with planning, implementation, and compliance as they navigate developments in digital assets and related technologies.

Not only PWC, but also the big Financial Firms are starting to get involved in the crypto industry. The involvement of companies like PWC and other big financial firms signals the Strong Growing mainstream acceptance of Crypto as regulatory clarity improves. This clearly shows that the Crypto is not the experimental firm anymore, and the Clear regulatory ACT pulls the Big Financial firms into the crypto, which could lead to more trust and adoption from the investors in the Crypto.

Highlighted Crypto News:

‌Crypto Markets on Edge After Trump Floats Colombia Strike

Трендові криптовалюти

CitreaCTR

wrapped stUSDTWSTUSDT

Velodrome FinanceVELODROME

BrevisBREV

PancakeSwapCAKE

JUSTJST

Пов'язані питання

QWhat is the main reason behind PwC's decision to expand its involvement in crypto and stablecoins?

AThe main reason is the passage of the U.S. GENIUS Act, which provides clear and legal regulatory clarity for stablecoins, giving PwC the confidence to expand its services.

QWhat is the key regulatory requirement for stablecoins under the GENIUS Act?

AThe key requirement is that stablecoins must have 1:1 backing by cash or U.S. Treasury assets.

QWhat specific roles will PwC play in the crypto ecosystem according to the article?

APwC will work with various entities on strategy, risk management, auditing, tax handling, cybersecurity, and tokenization.

QHow has PwC strengthened its internal capabilities for its digital assets push?

APwC has rehired Cheryl Lesnik as a Partner and built a Digital Assets team of over 350 professionals across more than 30 countries.

QWhat broader industry trend does PwC's increased involvement in crypto signal?

AIt signals growing mainstream acceptance of crypto as regulatory clarity improves, attracting large financial firms and potentially increasing investor trust and adoption.

Пов'язані матеріали

Michael Saylor: 'We Never Said We Would Never Sell Bitcoin'

Michael Saylor stated that his company never made a commitment to never sell its bitcoin holdings, though it expects to remain a net buyer of bitcoin long-term. His comments came following reports that the company had received new authorization to sell up to $5 billion in bitcoin. Saylor clarified that this authorization is not new and was announced on June 29th as part of the company's capital management strategy. He emphasized that the authorization permits but does not obligate sales for specific purposes and that no new approval has been announced. Saylor also noted the company never officially adopted a "bitcoin will never be sold" policy.

cryptonews.ru34 хв тому

Michael Saylor: 'We Never Said We Would Never Sell Bitcoin'

cryptonews.ru34 хв тому

The 'Summer Saw' Continues: A Break Above $67,000 Could Signal the Start of Bitcoin's Rally

Bitcoin continues to consolidate within a $58,000–$67,000 range, with its price dropping to $62,217 on August 1st. Analysts are divided on the next direction. Trader Crypto Candy suggests a potential drop towards $60,000 if the price remains below $66,000. Investor Jelle refers to the prolonged sideways movement as a "summer saw" and maintains a dollar-cost averaging strategy. The key upside scenario hinges on a breakout above $67,000. Daan Crypto Trades states that without this, the movement risks being just an extended pause. Roman projects a sharper rise to $70,000–$80,000+ if a breakout occurs with sufficient volume. Macro-analyst Gert van Lagen views this as an accumulation phase within a multi-year "cup and handle" pattern. He notes that long-term holders are refusing to sell, as indicated by the NUPL metric staying far from capitulation. In summary, the market is in an accumulation phase, with the $60,000 and $67,000 levels being critical. A break above $67,000 could initiate significant growth, while a fall below $60,000 may lead to further decline. The recent pullback shows that legislative catalysts have provided only short-lived momentum, raising questions about the sustainability of any future breakout attempts.

cryptonews.ru49 хв тому

The 'Summer Saw' Continues: A Break Above $67,000 Could Signal the Start of Bitcoin's Rally

cryptonews.ru49 хв тому

Must-Watch Events Next Week｜CLARITY Act Could Face Senate Vote; SpaceX, Circle to Report Earnings (8.3-8.9)

**Summary: Key Events and Developments to Watch (August 3-9)** The upcoming week is marked by significant financial disclosures, key legislative deadlines, and notable product updates. **Major Financial Events:** Several companies are scheduled to release their Q2 2026 earnings. American Bitcoin (ABTC) will report on August 3, followed by SpaceX and Hut 8 Mining Corp. on August 4, and Circle on August 5. Notably, a significant portion of SpaceX shares (up to 12% of total shares) will be unlocked on August 6 following their earnings release. **Key Legislative Deadline:** The U.S. Senate faces an August 7 deadline to secure 60 votes for the CLARITY Act, a bipartisan bill aiming to establish a federal regulatory framework for cryptocurrencies. The Senate may hold a full vote on the bill during the week. **Economic Data:** The U.S. July Non-Farm Payrolls report will be released on August 7, providing crucial labor market data. **Technology & Product Updates:** * **Shutdowns:** DeFi portfolio tracker Zapper and wallet app Ctrl Wallet will cease operations on August 3. * **Upgrades:** LayerZero will deprecate its v1 relayers on August 3. XRP Ledger's new version 3.3.0, featuring five new functions, is expected next week. * **AI:** Elon Musk announced that the advanced Grok 4.6 AI model is set for release around August 7. * **Bitcoin:** The BIP-110 forced signaling for a potential Bitcoin network change is scheduled to begin around August 8. **Other Notable Events:** Chinese robotics firm Unitree Tech has set its preliminary price inquiry for its IPO for August 5. South Korean exchange Upbit will delist AQT and AERGO tokens on August 3.

marsbit1 год тому

Must-Watch Events Next Week｜CLARITY Act Could Face Senate Vote; SpaceX, Circle to Report Earnings (8.3-8.9)

marsbit1 год тому

Stocks Are Plummeting More Sharply Than Cryptocurrencies. Where Has the Money Gone?

Stock Markets Plunge Deeper Than Cryptocurrencies: Where Did the Money Go? In late July, Seoul's Kospi index triggered circuit breakers for two consecutive days, plummeting over 40% from its June high. The collapse was led by heavyweight stocks like SK Hynix, whose record profits still disappointed investors, and devastating leveraged ETFs, with one major product losing over 83% of its value. This signaled a global, forced deleveraging targeting the most crowded trades. Interestingly, while stocks exhibited extreme volatility akin to crypto markets, Bitcoin rose nearly 15% in July after a prior steep drop. Analysis shows the money fleeing equities did not flow into Bitcoin. Instead, Bitcoin had already absorbed its sell-off in May-June, when U.S. spot Bitcoin ETFs saw historic outflows. The true safe-haven beneficiary was gold, whose price rose over 20% year-on-year, highlighting a decoupling between Bitcoin and gold as "digital gold." The sell-off was a targeted unwinding of leveraged positions in tech and semiconductors, accelerated by broker-dealer risk management and shifts in the AI narrative, including new competition from Chinese memory chipmakers. The retreat path was clear: from high-valuation tech stocks to cash and U.S. Treasuries, then to gold. For Bitcoin to attract sustained institutional inflows, conditions like eased global liquidity pressure, a "soft-landing" Fed rate cut, and U.S. regulatory clarity via legislation like the stalled CLARITY Act are needed. Currently, Bitcoin is not a safe haven but an already-cleared asset. Its low correlation with tech stocks, however, makes it a potential diversification play for institutional portfolios once the storm passes. The money isn't here yet, but the positioning is underway.

marsbit1 год тому

Stocks Are Plummeting More Sharply Than Cryptocurrencies. Where Has the Money Gone?

marsbit1 год тому

In Conversation with Ray Dalio: We Are Currently in an AI Bubble, with 1% of My Portfolio in Bitcoin

Ray Dalio, founder of Bridgewater Associates, warns in an interview that the current AI boom shows classic bubble characteristics, which could lead to significant economic downturns as seen in past cycles like 1929 or 2000. He explains that speculative enthusiasm, fueled by debt and overvaluation, often precedes a crash when rising rates or taxation force asset sales, causing widespread losses and recession. Dalio also outlines his "Big Cycle" theory, describing an approximate 80-year pattern where widening wealth gaps, massive government deficits, and shifting geopolitical power (like China's rise) create internal conflict and global instability. He emphasizes that we are in a late-cycle, transitional phase where traditional powers like the US and UK face decline. For personal wealth protection, Dalio advises diversification beyond cash into assets like stocks, bonds, real estate, and particularly gold, which he prefers over Bitcoin. While he holds about 1% of his portfolio in Bitcoin as a non-printable hard asset, he views gold as more secure from technological or governmental threats. Regarding AI's impact, Dalio believes it will disproportionately benefit capital owners, worsening inequality by replacing both physical and cognitive labor. He suggests that human intuition and emotional intelligence, combined with AI, will be key for future workers. On taxation, Dalio argues that wealth taxes are impractical and risk triggering asset sell-offs, reducing productive investment. He points to the UK as a cautionary example of debt, low productivity, and political strife. Geopolitically, Dalio foresees a more regionalized world, with the US showing weakness in prolonged conflicts like with Iran, akin to past imperial declines. The ideal outcome, he suggests, is coexisting powerful blocs (e.g., Americas, China-Asia Pacific) without major war.

marsbit5 год тому

In Conversation with Ray Dalio: We Are Currently in an AI Bubble, with 1% of My Portfolio in Bitcoin

marsbit5 год тому

Торгівля

Спот

Обговорення

Ласкаво просимо до спільноти HTX. Тут ви можете бути в курсі останніх подій розвитку платформи та отримати доступ до професійної ринкової інформації. Нижче представлені думки користувачів щодо ціни PUSH (PUSH).

PwC Signals Deeper Crypto Push After U.S. GENIUS Act Brings Stablecoin Clarity

Анотація

How the GENIUS Act Is Driving PwC’s Deeper Push Into Crypto

Трендові криптовалюти

Пов'язані питання

Пов'язані матеріали

Michael Saylor: 'We Never Said We Would Never Sell Bitcoin'

The 'Summer Saw' Continues: A Break Above $67,000 Could Signal the Start of Bitcoin's Rally

Must-Watch Events Next Week｜CLARITY Act Could Face Senate Vote; SpaceX, Circle to Report Earnings (8.3-8.9)

Stocks Are Plummeting More Sharply Than Cryptocurrencies. Where Has the Money Gone?

In Conversation with Ray Dalio: We Are Currently in an AI Bubble, with 1% of My Portfolio in Bitcoin

Торгівля

Популярні статті

Як купити PUSH

Обговорення