PwC increases investment in the crypto sector, with regulatory shifts becoming a key driving factor

Foresight News reported, according to the Financial Times, that PwC, one of the Big Four accounting firms, is increasing its investment in cryptocurrency and related businesses. Paul Griggs, head of PwC US, stated that this strategic adjustment began last year, mainly benefiting from the appointment of crypto-friendly regulatory officials and the advancement of multiple digital asset-related legislative processes in the US Congress. "The regulatory framework around stablecoins and the GENIUS Act help boost market confidence in such assets, and asset tokenization will continue to develop. PwC needs to be deeply involved in this emerging ecosystem."