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Posts published in “PwC”

PwC Partner: Central Banks Should Leave Cryptocurrency to Corporations

The contention between the industry of cryptocurrency and banking institutions may have been furthered by an unlikely third party, with an even more unsuspecting alternative proposed as a substitute. According to Pauline Adam Kalfon, a financial partner at PwC France, Central Banks should leave cryptocurrencies…

Central Banks Should Leave Crypto to Facebook and JPMorgan: PwC Partner

PwC France’s Pauline Adam Kalfon says central banks should stay away from crypto until it is “battle-tested” by corporations. Central banks should leave issuance of digital currencies to corporations such as Facebook and JPMorgan, according to a blockchain and financial partner at PwC France, Forbes…

Pwc Report Finds STOs ‘Are Not Fundamentally Different From ICOs’

Pricewaterhouse Coopers (PWC) has published a report in collaboration with Crypto Valley seeking to provide “a strategic perspective” on the initial coin offering (ICO) and security token offering (STO) sectors. The report finds that security tokens “are not fundamentally different from ICOs,” estimating that their…

Expert: Renewable Energy Not Enough for Bitcoin’s Sustainability Problem

A PwC blockchain expert states that renewable energy is insufficient in addressing Bitcoin’s massive energy consumption. Renewable energy will not solve Bitcoin’s (BTC) sustainability problem according to a blockchain specialist at Big Four auditing company PwC, Alex de Vries. De Vries presented his argument in…

Cryptocurrency exchange WEX tied to ransomware scheme, PwC claims

Cryptocurrency exchange WEX has been linked to illegal operations, CoinDesk writes. Funds gained through SamSam ransomware attacks are connected to the exchange. WEX is the successor of the BTC-e exchange which might have been used to launder as much as $4 billion in bitcoin. According…

PwC: Bitcoin Ransomware Hackers Laundered Money via WEX Exchange

Iranian Bitcoin hackers used the WEX exchange to launder Bitcoin acquired through ransomware, according to a PwC report. Big Four consulting and auditing company PwC has linked Iranian nationals behind Bitcoin (BTC) ransomware scheme SamSam to the crypto exchange WEX in a recent report published…

Big Four Auditor PwC Trials Blockchain System for Verifying Employee Credentials

Big Four audit and consultancy firm PwC is conducting a trial of its new blockchain platform for ensuring the integrity of employee credentials. Big Four audit and consultancy firm PriceWaterhouseCoopers (PwC) is conducting a trial of its new blockchain-powered platform for ensuring the integrity of…

Big Four Auditor PwC Publishes Crypto Insolvency Guide, Cautions Directors

PwC has published guidance for financially distressed or insolvent businesses in the crypto sector. Big Four audit and consultancy firm PwC Hong Kong has published guidance for financially distressed or insolvent businesses in the crypto sector. The document, released February 2019, tackles the complexities specific…

New Pwc Report on Crypto Insolvency Captures the ICO Chaos

Accounting firm Pwc’s Hong Kong branch recently released a crypto insolvency report guiding crypto business owners on what to do “when things start to go wrong.” News.Bitcoin.com spoke to the crypto head of Pwc’s Asia operations, part of the team who released the report, on…