Bitcoin (BTC)

$ 6667.22518973

Bitcoin Cash (BCH)

$ 0.4472660993

Ethereum (ETH)

$ 210.267768186

Ripple (XRP)

$ 460.242246263

Bitcoin Costs Stabilize Above $6K – But Will They Keep? Jim Chanos Is Out of His Depth Trashing Crypto Assets There&#039s A New Bitcoin Core in Town – And It&#039s Out to Troll Bitcoin Money Enjoy Decentralized Art at Satoshi’s Place Bitcoin and Manga Collide in Shonen Crypto Switzerland Rejects Pro-Crypto Sovereign Money Initiative Coinbase Announces Intended Support for Ethereum Classic
Homepage / News November 30, 2017 111 views

‘Big Four’ Firm PwC’s Hong Kong Office Accepts Bitcoin

‘Big Four’ Firm PwC’s Hong Kong Workplace Accepts Bitcoin

'Big Four' Firm PwC's Hong Kong Office Accepts Bitcoin


Yet another ‘Big Four’ firm joins the bitcoin revolution as the auditing corporation Pricewaterhousecooper’s (PwC) Hong Kong office accepted a payment in bitcoin according to the Wall Street Journal. The accountancy corporation follows the lead of the Deloitte and Ernst &amp Young (EY) offices that have currently started accepting bitcoin for financial services.

Also read: Bitwala: ‘Nobody Utilizes Altcoins,’ Bitcoin Is the Best Crypto

PwC Hong Kong Accepts Bitcoin for Economic Consultancy Solutions

'Big Four' Firm PwC's Hong Kong Office Accepts Bitcoin PwC is a nicely-recognized auditing firm that offers multinational monetary solutions with offices all about the globe. The firm is at the moment the second biggest ‘Big Four’ auditing business in the planet and has held this record for the previous seven years. This week the Wall Street Journalreports that the company’s Hong Kong workplace has accepted bitcoin as a payment for consultancy services. PwC has been interested in digital currency options and blockchain technology for the previous three years. The accountancy firm’s Asia-Pacific chairman, Raymund Chao, says the move is a milestone for the business. &nbsp

“It is also an indication that bitcoin and other established cryptocurrencies have now created into a lot more broadly accepted types of settlement,” explains Chao.

'Big Four' Firm PwC's Hong Kong Office Accepts Bitcoin
PwC Hong Kong.

PwC Follows the Other ‘Big Four’ Firms That Have Embraced Bitcoin

The company is a touch behind its competitors as each Deloitte and EY have offices that accept the cryptocurrency and bitcoin ATMs as properly. For instance, at Deloitte’s Toronto office the organization installed a bitcoin ATM in the lobby and the business makes use of it to&nbspshow customers. Deloitte’s Iliana Oris Valiente told back in September of 2016 that “using bitcoin is crucial to understanding the blockchain.” Then in November the firm EY announced its Switzerland branch was accepting bitcoin for financial management solutions, and also installed an ATM in the primary developing. The other ‘Big Four’ firm KPMG has not moved towards the cryptocurrency bitcoin just but, but has been involved with blockchain research.

‘Cryptocurrency Represents the Starting of a New Phase of Technologies-Driven Markets’

PwC joining in on the bitcoin fun is no surprise as the company has applauded the positive aspects of cryptocurrency for very some time.

“[Cryptocurrency has] gained acceptance from a vital mass of investors, technologists, regulators, merchants, entrepreneurs, and shoppers,” explains PwC.

In truth, in our view, cryptocurrency represents the starting of a new phase of technology-driven markets that have the prospective to disrupt standard marketplace strategies, longstanding business practices, and established regulatory perspectives – all to the advantage of buyers and broader macroeconomic efficiency.

What do you feel about PwC’s Hong Kong office accepting bitcoin? Let us know in the comments under.

Pictures by way of Shutterstock, PwC, and PwC’s Hong Kong workplace.&nbsp

At all comments containing links are automatically held up for moderation in the Disqus technique. That implies an editor has to take a appear at the comment to approve it. This is due to the numerous, repetitive, spam and scam hyperlinks folks post under our articles. We do not censor any comment content material primarily based on politics or individual opinions. So, please be patient. Your comment will be published. &nbsp

Published at Thu, 30 Nov 2017 19:55:17 +0000