Ernst and Young Bitcoin accepted in Switzerland

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Ernst and Young Bitcoin accepted in Switzerland

Ernst and Young Bitcoin:  the Swiss branch of global professional services firm will accept the cryptocurrency-kind of payment next year.

Starting in January, Ernst and Young Switzerland will allow bitcoin for invoice payments, as the company explained in a new press release.

Switzerland, Ernst and Young Bitcoin: a profitable relationship

The Swiss firm will also open a new BTM (or Bitcoin ATM) at its office in Zurich, as well as a wallet option for its employees.

This Ernst and Young project is part of the bigger cultural experiment on bitcoin and the distributed ledger conducted in Switzerland.

Late last month, in fact, Swiss railway service announced that it will sell bitcoin on its nationwide network of ticket kiosks; also the Swiss town called Zug will accept Bitcoin for public services payments, as its major explained back in May.

According to Ernst and Young, this launch fits perfectly with this experimental context created in the Swiss country.

Switzerland’s CEO, Marcel Stalder, commented that the company wants its employees to know digital currencies and the blockchain.  This project is to provide ways to access a hands-on education, he said.

Stalder explained:

“We don’t only want to talk about digitalization, but also actively drive this process together with our employees and our clients. It is important to us that everybody gets on board and prepares themselves for the revolution set to take place in the business world through blockchains, smart contracts and digital currencies.”

Ernst and Young is just one of the “Big Four” accounting firms involved in the blockchain sector at the moment.

Recently, the company also decided to open a blockchain-related contest for startups with the goal of “exploring how blockchain technology can tackle challenges in digital rights management and energy trading.”

Learn more about Switzerland and Ernst and Young involvemet in the bitcoin field, by clicking on the links above.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio
Amelia Tomasicchio

Amelia Tomasicchio is a content writer and marketer of Bitcoin-related news and fintech startups. She started writing about Bitcoin in 2014 and she graduated in Rome with an essay about movie industry related to Bitcoin.

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