EY Blockchain Whiz Quits Crypto, Says Adoption Not in Bitcoin’s Forecast

By CCN: The ruthless bitcoin bear market of 2018 has claimed numerous victims, including many crypto startups and executives. The latest is former EY blockchain leader Angus Champion de Crespigny, who’s leaving the industry. Champion de Crespigny made the revelation on Twitter, where he insists that he’s still bullish on bitcoin. However, he’s discouraged by how long he believes it will take for mass adoption, and doesn’t want to wait around. As recently as November 2019, Angus was touting blockchain and cryptocurrencies at a conference (video below). Champion: Institutions are Dragging Their Feet Champion de Crespigny worked for 11 years

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EY Spends Millions Upgrading ‘Blockchain Analyzer’ to File Your Crypto Taxes

By CCN.com: Big Four accounting firm Ernst & Young (EY) wants to make filing your crypto tax returns easier. To this end, the auditing giant launched the second generation of its EY Blockchain Analyzer, a blockchain analytics tool. EY rolled out the product at its annual Global Blockchain Summit this week. In a statement, EY says it invested millions of dollars during the past two years to upgrade the Blockchain Analyzer. EY Wants to Be a Leader in Crypto Tax Services The company is making the tool available for use by EY teams in 2019 to help clients who hold

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Ernst and Young Unveils Crypto Tax Accounting Tool to Help You Pay Bitcoin Taxes

Unless you’re tax-evading bitcoin bull John McAfee, this is the time of year when Americans begrudgingly prepare to file their tax returns. To streamline this process, Big Four accounting firm Ernst & Young introduced a cryptocurrency tax tool. Ernst & Young said it designed its EY Crypto-Asset Accounting and Tax (CAAT) program specifically for its clients who invest in cryptocurrencies.  The accounting juggernaut said the U.S. rollout of the software is part of its strategy to become a leader in blockchain services. “EY CAAT has the ability to source transaction-level information from virtually all major exchanges. It consolidates data from

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Mainstream: ‘Big Four’ Firm EY Builds Enterprise Product on Public Ethereum Blockchain

The big four accounting firms are pouring more resources into blockchain technology now more than ever, and now Ernst & Young (EY) has just deepened its commitment. The global professional services firm has unveiled a Public Edition (PE) prototype of its EY Ops Chain, using the public Ethereum blockchain to deliver what the company describes

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