# accounting News

Creditors of the now defunct Canadian cryptocurrency exchange, QuadrigaCX may get compensated sooner than later, as Ernst & Young (EY), the court-appointed monitor investigating the case, has advised the firm to commence bankruptcy proceedings as soon as possible, to cut costs and expedite the creditors’ refunds process, reports Bloomberg on...

The Institute of Chartered Accountants of Scotland (ICAS) has entered into a partnership with PricewaterhouseCoopers (PwC) to test a blockchain-based platform that will store and issue qualifications to accountants, announced February 28, 2019. Qualified to Serve A quick look at blockchain-related news from 2018 will show that there has been...

Controversial cryptocurrency company Tezos revealed on July 24, 2018, that "Big Four" auditor PricewaterhouseCoopers (PwC) will conduct a due financial audit of the Tezos Foundation. Tezos Employs PwC As stated in an official press release, PwC’s Swiss branch has been appointed as a third-party auditor to scrutinize Tezos’ operations and...

Global professional services group Ernst & Young (EY) has announced on July 19, 2018, its acquisition of Andy Crypto-Asset Accounting and Tax (CAAT), a cryptocurrency accounting and regulatory compliance technology solution from Elevated Consciousness, a San Francisco startup that specializes in developing crypto asset solutions. EY announced through its Americas...

In a massive step towards cryptocurrency adoption as a whole, Request Network signed a partnership with PwC France, as announced in Singapore on March 26, 2018. Request Network is a decentralized network that allows anyone to request a payment for which the recipient can pay securely. This innovation results in...