‘Big Four’ Firm PwC’s Hong Kong Office Accepts Bitcoin
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 & Young (EY) offices that have already started accepting bitcoin for financial services.
PwC is a well-known auditing firm that offers multinational financial services with offices all around the globe. The company is currently the second largest ‘Big Four’ auditing company in the world and has held this record for the past seven years. This week the Wall Street Journal reports that the company’s Hong Kong office has accepted bitcoin as a payment for consultancy services. PwC has been interested in digital currency solutions and blockchain technology for the past three years. The accountancy firm’s Asia-Pacific chairman, Raymund Chao, says the move is a milestone for the company.
“It is also an indication that bitcoin and other established cryptocurrencies have now developed into more broadly accepted forms of settlement,” explains Chao.
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