PwC Accelerates Crypto Expansion Amid U.S. Regulatory Clarity
PwC's cautious stance on cryptocurrencies has shifted dramatically as U.S. regulatory clarity gains momentum. Senior Partner Paul Griggs attributes the firm's 2025 crypto push to Washington's softened regulatory tone and decisive legislative action.
The turning point came with President Trump's July 18 signing of the GENIUS Act (S.1582), establishing a federal stablecoin framework. Banks and approved nonbank issuers now operate under standardized reserve and disclosure rules—a long-awaited certainty for institutional players.
Further easing the path, FDIC proposals aim to streamline approvals and reduce state-level barriers for crypto firms. Griggs emphasizes this regulatory certainty as foundational for institutional confidence and mass adoption of digital assets.
As one of the Big Four auditors, PwC's deepening crypto involvement signals broader professional services validation of the asset class. The firm's expansion into blockchain auditing, tax advisory, and corporate finance services mirrors Wall Street's accelerating embrace of digital infrastructure.
