Big Four Auditing Giant, PwC Partners with Cred on Stablecoin Launch

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“Big Four” auditing giant, PricewaterhouseCoopers (PwC) just partnered with a decentralized lending partner, Cred to launch a new stablecoin. Designed to Bring Trust to US Dollar-Pegged Cryptocurrencies According to PwC, it wants to help build greater confidence in the crypto-sphere.  Doing so could usher in the next 100 million users of such assets, they note. … Continue reading “Big Four Auditing Giant, PwC Partners with Cred on Stablecoin Launch”

Accounting: How the Big Four Approach Blockchain

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The Big Four accounting firms have different approaches to decentralized ledgers. As the blockchain tech matures and strengthens, behemoths in every sector are showing their interest. This technology can help improve productivity and reduce costs. Therefore, auditing and accounting industries can benefit greatly from DLTs. Furthermore, it is in these sectors that immutability of data can … Continue reading “Accounting: How the Big Four Approach Blockchain”

Major Financial Institution Acquires Cryptocurrency Software Firm

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With rising client demand, major financial institutions can no longer ignore cryptocurrency. For example, accounting firm Ernst & Young just acquired cryptocurrency investing software firm Elevated Consciousness Inc. EY will now gain access to the Crypto-Asset Accounting and Tax (CAAT) software.  Consequently, it will be used to monitor trading transaction history across multiple exchanges and wallets … Continue reading “Major Financial Institution Acquires Cryptocurrency Software Firm”