PWC Expands Crypto Services Amid Pro-Digital Asset Regulations

Paul Griggs, the U.S. senior partner of Pricewaterhousecoopers PWC , announced in an interview with the Financial Times that the firm is actively expanding its cryptocurrency services following recent supportive regulations for digital assets. This marks a significant shift for PWC, which had previously approached the crypto sector with caution.
Griggs pointed to the Trump administration s support for digital assets and new legislation like the Genius Act as key factors driving this change. He stated,
The Genius Act and the regulatory rulemaking around stablecoin I expect will create more conviction around leaning into that product and that asset class.
As a result, PWC plans to enhance its audit, consulting, and tax services for crypto clients, particularly in relation to stablecoin-based payment efficiencies.
The firm will also broaden its talent pool focused on cryptocurrency services, ensuring that its offerings align with U.S. laws and evolving regulatory guidance. This move reflects a growing acceptance of digital assets by major accounting firms in light of recent pro-crypto policies in the United States.