Cryptocurrency is now accepted as a form of payment for services provided by Wolf & Company P.C. (W&C), a nationwide company that provides certified public accounting and business consulting services.
This information was disseminated to the public on Friday, May 27, 2022, in the form of a press release that was published on the organization’s primary website.
According to the article, W&C’s most recent action was in keeping with the company’s intention to welcome digital innovation. As a result, cutting-edge technology such as services related to cryptocurrencies will not be excluded.
“It gives us great pleasure to announce that Wolf & Company is now able to accept cryptocurrency payments for the provision of our services via the use of the BitPay platform. Because our company is dedicated to being on the leading edge of digital innovation, the members of our team are already hard at work developing cutting-edge cryptocurrency services. We are fully embracing cryptocurrency and the expanding role it plays in the economy by forming a partnership with BitPay so that we may accept cryptocurrency payments.”
BitPay is a non-custodial Bitcoin wallet software that also offers a debit card option. This app will be used to support the new cryptocurrency payment method that will be available on W&C.
On a monthly basis, BitPay handles an average of over 70,000 transactions using bitcoin. BitPay was responsible for processing more than 25 percent of the total bitcoin payments made during the month of April 2022.
Bitcoin (BTC), Ethereum (ETH), Shiba Inu (SHIB), Dogecoin (DOGE), USD Coin (USDC), Bitcoin Cash (BCH), Litecoin (LTC), Dai (DAI), Wrapped Bitcoin (WBTC), Gemini Dollar (GUSD), Pax Dollar (USDP), Binance USD (BUSD), and Ripple are all part of the comprehensive list of cryptocurrencies that BitPay supports (XRP).
Notable is the fact that W&C, a consulting company with its headquarters in Boston, has been in business for more than 110 years. Those involved in the bitcoin industry may benefit from their experience in a variety of ways, including the provision of services in the areas of auditing, taxes, compliance, cybersecurity, and smart contracts.
