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How does Deloitte's public company status affect the perception of its involvement in the cryptocurrency market?

avatarfasihStackupNov 26, 2021 · 3 years ago3 answers

How does being a public company impact how people view Deloitte's role in the cryptocurrency market?

How does Deloitte's public company status affect the perception of its involvement in the cryptocurrency market?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    As a public company, Deloitte's involvement in the cryptocurrency market is closely scrutinized by investors and the public. The transparency and accountability required of public companies can enhance the perception of Deloitte's credibility and trustworthiness in the cryptocurrency industry. Additionally, being a public company may provide Deloitte with access to a larger pool of resources and expertise, enabling them to better navigate the complexities of the cryptocurrency market.
  • avatarNov 26, 2021 · 3 years ago
    Deloitte's public company status gives it a level of legitimacy and accountability that can positively influence how its involvement in the cryptocurrency market is perceived. Investors and clients may feel more confident working with a public company like Deloitte, as it is subject to stricter regulatory oversight and financial reporting requirements. This can help build trust and credibility in Deloitte's role within the cryptocurrency industry.
  • avatarNov 26, 2021 · 3 years ago
    From a third-party perspective, being a public company can have both positive and negative effects on how Deloitte's involvement in the cryptocurrency market is perceived. On one hand, the transparency and regulatory oversight associated with being a public company can enhance trust and confidence in Deloitte's role. On the other hand, some may view Deloitte's involvement in the cryptocurrency market as a potential conflict of interest, as public companies are expected to prioritize the interests of their shareholders. Overall, Deloitte's public company status can shape the perception of its involvement in the cryptocurrency market in various ways.