EY Switzerland, World Top Four Accounting Firm, to Accept Bitcoin
EY Switzerland will become the first advisory firm in the world to accept Bitcoin. Formerly known as Ernst and Young, the professional service company announced via a press release on Friday, that it would be integrating Bitcoin as part of a greater digitization process. All EY Switzerland employees will be issued Bitcoin wallets through a custom wallet app. This will also include a publicly accessible two-way Bitcoin ATM at its headquarters in Zurich. As EY Switzerland CEO Marcel Stalder notes, the pro-Bitcoin push is necessary to get his company and employees familiar with Blockchain....
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The Switzerland base of multinational services giant and one of the so-called “Big Four” accounting firms, Ernst & Young (EY), will become the first of its kind to accept bitcoin as payment for its services. Come January 2017, clients of EY Switzerland will be able to pay for the firm’s auditing and advisory services using bitcoin. The accounting giant claims to be the “first advisory firm to accept Bitcoins for its services,” in an announcement last week. The new payment method is a part of EY “digitizing itself”, the firm claimed, explaining its reason to accept the world’s most....
Big Four accounting firm EY (Ernst & Young) has just announced its Switzerland branch will be accepting bitcoin. Furthermore, the professional services company will install a bitcoin ATM in the main building of its Swiss office. EY Switzerland Will Accept Bitcoin for Services. EY Switzerland says the firm believes in the digitalization of emerging....
Bitcoin consulting firm and solutions provider Bitcoin Suisse AG has installed BitXatm's two-way bitcoin ATMs in Bern, the capital city of Switzerland. Residents in the city of Bern will now be able to purchase and sell bitcoin with ease, with 5% fees and a maximum daily limit of US$5159. Over the past year, Bitcoin Suisse AG has installed 3 two-way ATMs and a one-way ATM across Switzerland by partnering with two major bitcoin manufacturers BitXatm and Lamassu. Improved Bitcoin Ecosystem. Over the last few months, bitcoin startups including wallet service providers, exchanges and....
At this year’s 2-day World Web Forum in Zurich, one of the ‘Big Four’ accounting firms, EY, presented two Bitcoin ATMs (BTMs) to raise awareness for digital innovation. An EY team was also present to assist visitors with purchasing and spending bitcoin. EY Raising Awareness with Bitcoin ATMs. The recent World Web Conference was a two-day leadership event....
The Swiss branch of global professional services firm Ernst & Young is set to begin accepting bitcoin payments next year. Starting in January, EY Switzerland will accept bitcoin for invoice payments, the firm said last week. The company will also launch a new bitcoin ATM at its office in Zurich, as well as a dedicated wallet option for EY employees. The launch is, perhaps, an extension of the ongoing cultural experiment involving the digital currency in Switzerland. Late last month, Swiss railway service SBB made international headlines after it announced that it would sell bitcoin through....