According to the Financial Times, PricewaterhouseCoopers (PwC), one of the 'Big Four' accounting firms, is ramping up its investment in digital asset - related businesses after maintaining a cautious stance in the crypto space for years. Paul Griggs, U.S. head of PwC, stated that this strategic shift took place last year, against a backdrop that includes the emergence of more crypto - friendly officials in U.S. regulatory authorities and Congress advancing legislation on digital assets such as stablecoins. He believes that the Responsible Financial Innovation Act (the GENIUS Act) and the regulatory guidelines surrounding stablecoins will boost market confidence in such products and asset classes. He also noted that asset tokenization will continue to evolve, and PwC must be part of this ecosystem.