It's Much Too Soon to Regulate Bitcoin, Says Deloitte Exec
Jon Watts, director of enterprise services at Deloitte, has weighed in on Bitcoin regulatory issues with clear and cogent arguments. Watts' thesis is that Bitcoin is at the crossroads, and the race to regulate it could be happening much too soon. Deloitte is a professional services firm headquartered in New York. Considered one of the Big Four auditory....
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Multinational professional services firm Deloitte has questioned whether it is too soon to try and regulate bitcoin. In a publication titled Bitcoin at the Crossroads - which notes the advantages of both bitcoin and blockchain technology - Deloitte explores whether regulating digital currency could potentially have a negative impact on its future development and potential to reach mass adoption. It adds: "In most respects, while policy makers and regulators are acting in accordance with their mission statement to protect the public and the integrity of the financial markets, an important....
On Tuesday, one of the Big Four accounting organizations, Deloitte announced a strategic partnership with Ava Labs, the team behind the blockchain network Avalanche. According to the announcement, Deloitte’s new cloud-based platform leverages Avalanche in order to “improve security, speed and [the] accuracy of Federal Emergency Management Agency reimbursements.”
Deloitte to Utilize Avalanche Protocol to Enhance Newly Launched Close as You Go Platform
During the last few years all four of the Big Four accounting networks, PWC, Ernst & Young (EY), KPMG, and....
In an effort to foster further development of blockchain technology, WanXiang Blockchain Labs, a Chinese research institution, and Deloitte, one of the largest accounting and audit firms in the world, have teamed up to launch the first ever Shanghai blockchain hackathon beginning on January 8th. “Our focus on how technology and going digital are changing the ways we live is globally orchestrated. Deloitte people from the different countries around the world [have] formed a specialized team ‘Deloitte digital’ to understand the impact how digitizations [sic] is changing every industry and....
One among the "Big Four" professional consulting firms in the world, Deloitte has jumped into the Blockchain bandwagon. Latest developments in the company includes creation of Deloitte Cryptocurrency Community with over 100 people and the launch of Rubix Software platform that can be used to build applications over Blockchain. Deloitte, like many other financial and professional services companies has started exploring the various potential uses of Blockchain technology for themselves as well as their clients. According to Deloitte, the company has been involved in Blockchain research for....
'Big Four' accounting firm Deloitte is now the owner and operator of its first bitcoin ATM. After a quiet unveiling yesterday in the downtown Toronto offices of Deloitte's Rubix blockchain division, the bitcoin transaction machine, or BTM, is now ready to exchange digital currency for Canadia dollars. The move by Deloitte to host a bitcoin ATM is being positioned by the founder of Rubix as a way for the company to teach its employees and others in the area about blockchain by going back to its roots. Now the strategy leader of Rubix by Deloitte, Iliana Oris Valiente, told CoinDesk:....