Big Four Accounting Firms Dig Further into Crypto Space, EY Acquires Blockchain Patents
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Big Four Accounting Firms Dig Further into Crypto Space, EY Acquires Blockchain Patents
While the landscape for blockchain is still in its infancy, its potential has led the world’s leading accounting firms to explore ways to implement the emerging technology in their work. The latest is Ernst & Young LLP which has acquired certain technology assets and patents to boost its services for crypto assets.
Accounting services firm has purchased the Andy Crypto-Asset Accounting and Tax (CAAT) tool from the US-based startup Elevated Consciousness, Inc. The solution connects with multiple cryptocurrency exchanges and wallets, allowing for better visibility into cryptocurrency transactions.
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Meanwhile, the pro-crypto push may not only ... (read more)
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