PwC, one of the world's big four accounting firms, said on Thursday (Hong Kong time) it had accepted its first bitcoin payment for advisory services provided by the Hong Kong office.
The announcement comes in the week when the virtual currency shot through the US$11,000 mark, but then lost 20 per cent of its value.
It is not immediately clear whether Hong Kong is the only branch within the PwC global network of offices that accepts bitcoin as payment. The firm said that apart from bitcoin, it would also accept other liquid, and established cryptocurrencies, especially from clients it advises in the broader crypto space.
For now, they include clients involved in token sales, crypto exchanges and launch of crypto funds.
"(This decision) is also an indication that bitcoin and other established cryptocurrencies have now developed into more broadly accepted forms of settlement," said Raymund Chao, chairman of PwC Asia-Pacific in a statement on Thursday night.