The Big Four accounting firm broadens audit and advisory offerings for digital assets in response to stablecoin legislation and revised rules
Regulatory clarity prompts expanded services
PwC announced plans to increase its activity in cryptocurrency-related work. Paul Griggs, PwC U.S. Senior Partner and CEO, cited the passage of the GENIUS Act and stablecoin regulations as key factors in the firm’s decision.
“The GENIUS Act and stablecoin regulations provide clarity around this asset class,” Griggs told the Financial Times.
Shift from previous caution
Before the recent regulatory changes, PwC maintained a limited presence in the crypto sector, citing uncertainty and prior enforcement actions affecting digital asset firms. This cautious stance restricted the firm’s range of services in auditing, consulting, and risk management.
“The tokenization of various assets will continue to develop, and PwC will participate in that ecosystem.” Griggs added.
With updated rules in place, PwC plans to expand services for crypto clients, including guidance on using stablecoins for payment efficiency and settlement operations.
Griggs emphasized that the company is now “hyper-engaged” in expanding both audit and advisory offerings for digital asset clients.
PwC has begun advising businesses on integrating stablecoins into payment systems, settlement processes, and tokenized asset operations.
Strengthening internal expertise
PwC has increased internal resources for its crypto work. Cheryl Lesnik, who previously managed digital asset clients, returned as a partner. Additional staff have been added to support audit and consulting projects for digital asset firms, including bitcoin miner MARA Holdings.
Other Big Four firms are similarly engaging with cryptocurrency.
KPMG reported that crypto adoption reached a tipping point in 2025 and has been offering compliance and risk advisory services. Deloitte published its first digital assets accounting roadmap in May 2025.
Implications for professional services
The U.S. regulatory framework now provides clearer guidance for stablecoin issuance and digital asset operations, allowing accounting and consulting firms to formalize offerings previously limited by legal uncertainty. PwC and its peers can now work with corporate and institutional clients in crypto without relying on ad hoc compliance measures.
Gunel Ismayilova
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