Binance: The Big Four accounting firms are unwilling to conduct reserve proof audits for private crypto companies

ChainCatcher news, according to Blockworks, a Binance spokesperson stated that the accounting firms PwC, Deloitte (DTT), KPMG, and EY are unwilling to conduct reserve proof audits for private crypto companies. After Mazars suspended its services for cryptocurrency clients, Binance has reached out to several large firms and is still looking for companies willing to take on this work.

It is reported that Deloitte is currently collaborating with Coinbase to provide audit and accounting services, while EY has partnered with crypto tax and accounting technology provider TaxBit. (blockworks)