Overview
- PwC’s U.S. chief Paul Griggs said the firm will “lean in” to crypto, expanding auditing, advisory and consulting services after years of caution.
- Executives cited the GENIUS Act and recent SEC rulemaking as catalysts, with the law setting custody, reserve and disclosure requirements and enabling banks to issue tokens.
- The firm is advising clients on stablecoin-based payments and tokenization and reports new audit mandates as corporate demand strengthens.
- PwC rehired digital-asset specialist Cheryl Lesnik as a partner and highlighted existing work such as auditing Bitcoin miner MARA Holdings.
- InvestingLive reported that Bitcoin extended gains as institutional sentiment improved, with PwC’s move seen as part of a broader shift under the Trump administration’s pro-crypto stance.