One of the “Big Four” international accounting firms – KPMG – hired Ian Taylor to lead the company’s British crypto team and promote its Web3 offerings. He also serves as the Executive Director of CryptoUK.
KPMG Diving Deeper in Crypto
KPMG UK – the British subsidiary of leading accounting firm KPMG – has doubled down on its pro-cryptocurrency stance by appointing Ian Taylor as the head of its digital assets team. As the Executive Director of CryptoUK, he has rich experience in the blockchain universe, the statement explained.
Launched in 2018, the organization represents businesses across the region, responds to industry developments, and engages with regulators and policymakers to aid their progress.
Taylor expressed hope that his new role will be beneficial to KPMG’s goal of expanding its presence across the crypto, DeFi, Web3 and metaverse niches:
“Excited for my next adventure with KPMG UK as Head of Crypto and Digital Assets supporting the industry in all aspects of Crypto Assets, DeFi, Web3 and the Metaverse.”
Over the past 20 years, the financier has also worked for major banks such as HSBC, Santander, and Barclays.
Another veteran joining KPMG UK is Peter Harmston. During the last 14 years, he worked for the Australian subsidiary arm of the firm. On LinkedIn, he vowed that “working with customers to navigate the complex and rapidly changing world of payments” would be his primary goal.
KPMG and crypto
The firm began serious talks with the cryptocurrency industry in early 2020. Subsequently, it launched a project called KPMG Chain Fusion, which helps traditional financial firms to provide well-managed digital asset services.
Earlier this year, the Canadian subsidiary of the organization made its first cryptocurrency investment by adding bitcoin (BTC) and ether (ETH) to its corporate coffers. With the purchase, KPMG included carbon offsets to maintain net-zero emissions.
Benji Thomas, Canada’s Managing Partner at KPMG, described cryptocurrencies as a “mature asset class” that has the potential to emerge as an international financial asset in the future.
“Investors such as hedge funds and family offices for large insurers and pension funds are increasingly gaining exposure to crypto-assets and traditional financial services such as banks, financial advisors and brokerages offered products and services linked to crypto-assets. Looking for,” he said. ,
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