EY just pulled off a massive turnaround in U.S. audit quality rankings 📈
Went from dead last among Big Four to co-leading with Deloitte per Financial Times data
Why this matters for crypto: Better audit quality = more institutional confidence in crypto firms using Big Four auditors. Could accelerate TradFi → crypto bridge
Still doesn't mean your favorite L2 with an EY audit is safe, but directionally bullish for legitimacy
Went from dead last among Big Four to co-leading with Deloitte per Financial Times data
Why this matters for crypto: Better audit quality = more institutional confidence in crypto firms using Big Four auditors. Could accelerate TradFi → crypto bridge
Still doesn't mean your favorite L2 with an EY audit is safe, but directionally bullish for legitimacy