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Big 4 consultants Ernst & Young has joined the Bitcoin Association of Switzerland the same week as Estonia’s Polybius Cryptobank.
Ernst & Young (EY), one of the “Big Four” accounting corporations in the world, is leading the Bitcoin industry to the mainstream.
Top-four world accounting firm EY Switzerland announced that it would be integrating Bitcoin into the company as part of a greater digitization process.
What do the ‘Big Four’ accounting firms of the world think about FinTech’s impact on the financial services industry?
The four top accounting firms will meet with the American Institute of Certified Public Accountants to discuss the establishment of a distributed ledger consortium.
Global assurance, tax and advisory services firm, Ernst & Young, will facilitate a first-of-its-kind Bitcoin sale process in Australia on June 20.
More big consultancy groups noticed a major shift in technology trends starting in financial and spreading to other sectors as they do not want to be left behind.
Singapore-based Ernst & Young LLP Partner Jan Bellens believes "cryptocurrencies are a great innovation with great upsides for the long-term," as long as the two keys issues, named as security and KYC, get resolved in the short-term.
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