Deloitte: Negative crypto headlines are distracting clients

Deloitte, the multinational professional services firm that provides audit, tax, consulting, risk and advisory services, said that negative crypto headlines are making their clients anxious. Deloitte's blockchain group is focused on helping their traditional, global enterprise clients move from their paper-based business processes to using distributed ledger technology (DLT).

Linda Pawczuk, team lead for Deloitte's blockchain group, said that her clients' boards are asking about the negative crypto stories and are concerned that blockchain is affiliated with bad actors related to altcoins and ICOs. Recent headlines associated with the SEC have created a distraction for her clients, Pawczuk claims. Pawczuk would like to stop talking about the negative headlines, and instead focus on DLT, the 'Olympic champion.' (Source: CoinDesk)