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PricewaterhouseCoopers Hong Kong office announced the acceptance of Bitcoin payments

PricewaterhouseCoopers (PwC), one of the "global auditors," has begun accepting Bitcoin for the first time in cryptocurrencies.

According to the Wall Street Journal reports, PricewaterhouseCoopers Hong Kong said they are accepting this payment in their work with local cryptocurrency and blockchain technology companies.

It is reported that this transaction is used in exchange for consulting services bitcoin.

The move also shows how PwC is "embracing this new technology," said Raymund Chao, PwC Asia Pacific chairman.

"It also shows that bitcoin and other existing cryptocurrencies have now evolved into a more widely accepted settlement."
As one of the earliest companies in its industry to enter the cryptocurrency space, PwC began to bond with cryptocurrency and blockchain technology back in 2014.

In an earlier statement, PwC said bitcoin played an important role in driving a number of industry innovations, and the company has done a lot of research and is now providing its own advisory services around blockchain technology.

According to previous reports from Babbitt , French asset manager Tobam ​​announced the launch of the first Bitcoin mutual fund in Europe and obtained the approval of the French Financial Supervisory Authority, which provided PwC with audit services.

In blockchain technology, PricewaterhouseCoopers has partnered with Alibaba to jointly develop a food tracking system based on blockchain technology to reduce counterfeiting of food products.