Following the shift in US regulatory policy, PwC increased its investment in cryptocurrencies.

according to Paul Griggs, CEO and Senior Partner of PwC, PwC has decided to embrace cryptocurrency after years of caution, as the regulatory environment for cryptocurrencies in the US became more favorable during the Trump administration.

Griggs stated in an interview with the Financial Times on Sunday that new leadership at regulatory agencies such as the US Securities and Exchange Commission, as well as new laws like the GENIUS Act, were key factors prompting PwC's change in attitude.

He said: "I expect the GENIUS Act and the regulatory framework around stablecoins to enhance confidence in the product and this asset class." He also added: "Tokenization will inevitably continue to develop. PwC must be involved in this ecosystem."

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