PwC Partner: Central Bank Digital Currencies Need to Be Stress-Tested by Big Companies – BTCMANAGER

Pauline Adam Kalfon, a blockchain and financial services partner at PwC France, explained that central banks may start to accept the idea of issuing their own digital currency once big companies have stress-tested the technology, as noted on Forbes on March 22, 2019. Still not Comfortable with Digital Currencies France’s central bank is not planning…

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PwC's Strategy& Report: A Whooping $20B was Collected via Over 1132 ICOs and STOs in 2018

Photo: Frank Friedrichs / Flickr Those who try to keep in touch with what is going on in the crypto world may have noticed that while initial coin offerings (ICOs) are losing their popularity, the popularity of security token offerings (STO) is increasing. ICO vs STO While many experts try to find and explain the…

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Massive Digital Attraction of Major Auditing Firms

The cryptocurrency sector has elicited massive interest from different parties worldwide. Top professional auditing firms are hiring more specialized staff to respond to new products and service provision in the industry. The auditors have realized the huge opportunities connected with digital currencies and blockchains. Despite the current bearish market, major accountancy firms, including Ernst&Young, PwC,…

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PwC Official Predicts Greater Institutional Interest in Cryptocurrency in 2019

PricewaterhouseCoopers (PwC) FinTech & Crypto Leader for Asia, Henri Arslanian, has made a prediction that more institutional entities will enter the cryptocurrency space in the upcoming year. In an interview with Bloomberg on December 24, Arslanian said that 2019 would bring multiple exciting developments, including the entry of institutional investors and regulatory clarity. Arslanian said…

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The Daily: Bitcoin’s Low Volatility and High Liquidity, PwC Backs Stablecoin

To kick-start the new week, we bring you news of bitcoin hitting a record low — for volatility, not price. There’s also been an altcoin breakout ahead of an impending Coinbase listing, a new metric for ranking cryptocurrencies and an obligatory new stablecoin story. It’s all covered in Monday’s edition of The Daily. Also read: Rapper…

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PwC Survey Identifies 'Usual Suspects' as Hindrances to Widespread Blockchain Adoption

A recent PwC survey has identified the usual suspects — regulatory uncertainty, and lack of trust, among others— as the major factors that hamper the widespread adoption of blockchain technology. Barriers to Blockchain Technology Development According to the survey, there are already dozens of adoption cases for blockchain technology in the global business process. However, issues…

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China to Overtake US as Leading Blockchain Developer: PwC Survey

While the US currently stands as the world leader in blockchain technology, China could very soon overshadow America in terms of blockchain development, according to PricewaterhouseCoopers (PwC). A new survey conducted by the firm that examines the views of 600 executives in 15 countries found that the US (29%) is perceived as the most advanced…

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PwC: Regulatory Uncertainty and Lack of User Trust Inhibit Blockchain Adoption

Regulatory uncertainty and trust are major barriers to blockchain adoption among businesses, according to a study released August 27 by ‘Big Four’ auditing firm PricewaterhouseCoopers (PwC). A new study entitled “Blockchain is here. What’s your next move?” conducted by PwC examined 600 executives in 15 countries on their development of blockchain and opinions about its…

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PwC Hired to Perform External Audit of Tezos Foundation

Tezos Foundation has hired PwC Switzerland to conduct an external audit of its finances and operation — becoming the first ‘Big Four’ firm to audit a large-scale blockchain organization. On July 23rd, Tezos released a press release outlining its collaboration with PricewaterhouseCoopers’ Switzerland branch (PwC)— naming it as the organization’s official auditor. The announced partnership…

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Northern Trust, PwC Launch 'Instant' Blockchain Audits

Northern Trust, a major U.S. custody bank, is laying the foundations for large-scale adoption of its blockchain-based platform for private equity funds. In partnership with “Big Four” accounting firm PwC, the bank introduced new tools Monday to give private equity fund auditors fast access to data stored on its private blockchain. Rather than waiting for periodic…

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PWC Reveals Blockchain Analytics Tool For Tracking ICO Tokens

Major accounting firm, Pricewaterhouse Coopers (PwC), has announced that it is currently trialing a blockchain analytics tool designed to trade digital tokens from launch. PwC has stated that the software will assist companies in guarding against the misuse of their tokens for illicit purposes. Also Read: Study Finds $3B Worth of Faked Cryptocurrency Volumes and Wash…

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