Bitcoin Accepted! Services Giant Ernst & Young Switzerland Will Allow Payments in 2017
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....
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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....
While some multi-bln professional service firms are pushing the development and implementation of private Blockchains, Ernst & Young (EY), one of the “Big Four” accounting corporations in the world, is leading the Bitcoin industry to the mainstream. EY’s Bitcoin ATMs and Wallets For Clients & Employees. In 2016, EY has had tremendous success in introducing Bitcoin to its clients and most importantly, its employees. EY has about 231,000 globally and the firm has already provided EY secure digital wallet applications to all EY employees in Switzerland. The digital wallet allows users....
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....
One of the “Big Four” audit firms the multinational financial management service Ernst & Young (EY) is auctioning $16 million worth of bitcoin next month in Sydney, Australia. The 24,518 bitcoins seized by special agencies will make for the country’s first cryptocurrency auction of this magnitude — much like the U.S. Marshals Silk Road auctions in....
Ernst & Young is one of the most respected companies active in the financial sector today. Despite their interest in blockchain technology, the company is also selling US$16m worth of confiscated Bitcoin next month. A Huge Bitcoin Auction By Ernst & Young. The bitcoins in question were seized last year as part of an investigation into criminal activity over the Internet. There will be 11 lots of 2,000 coins each, and one big lot of 2,518 BTC. This seems to follow the same trend of how the Silk Road bitcoins were sold last year. It will be interesting to see who decides to bid on these lots....