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UBS allows crypto ETFs for Hong Kong investors with at least US$2 mln assets

UBS Group AG, the largest Swiss wealth manager, will allow wealthy clients on its Hong Kong platform to trade crypto-linked exchange-traded funds (ETFs) from...

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UBS ups tech spend 11% in Q1

UBS Group AG invested in onboarding technology through enhanced know-your-customer and anti-money laundering processes in the first quarter, which will ultimately aid the...

Sergio Ermotti Returns as UBS CEO to Lead Credit Suisse Acquisition

UBS Group AG brings back Sergio Ermotti as CEO to lead the Credit Suisse acquisition. Sergio Ermotti’s return faces challenges such as workforce reductions,...

UBS Erases Losses as Investors Weigh Credit Suisse Deal Impact

UBS Group AG erased losses while investors digested the drawbacks and potential upside of its Credit Suisse Group AG takeover, a deal that forces...

UBS Group Reportedly Makes Bid To Acquire Struggling Credit Suisse

6 hours ago | 2 mins read Bitcoin News The SVB has recently initiated...

Crypto Regulations In Focus At Davos 2023

Crypto Regulations: Regulators and bankers may not always agree, but they were able to come together in Davos on the issues of regulating...

Swiss National Bank partners with five banking giants to test CBDCs

The Swiss National Bank has worked with some leading financial institutions globally to look into central bank digital currencies (CBDCs). Through this partnership, the institution [...]

Switzerland: Testing of digital franc in joint operation with 5 banks ends ‘successfully’

It is no surprise that central bank digital currency (CBDC) will be a game-changer for international and local businesses. Then regulators, consumers, and other stakeholders. Basically, CBDC is a digital form of fiat currency issued by a country’s central bank. It was trialed in China and is being explored in many other economies. That said, different trials are being scheduled for CBDCs […]

Swiss National Bank, Citigroup, and Goldman Tested a Joint CBDC Project: Report

The Swiss National Bank and five other giant banks informed they managed to integrate CBDCs into the banking systems.

Swiss bank says clients want to seize crypto opportunities — now 

People’s tendency to seize an opportunity before it fizzles out is more commonly known as “FOMO,” an acronym for “Fear Of Missing Out.” This natural human response can be seen almost everywhere, and the crypto space is not an exception.  UBS, one of the largest banks in Switzerland, said that when cryptocurrencies shot up in […]

The post Swiss bank says clients want to seize crypto opportunities — now  appeared first on BitcoinerX.

Banking Giant UBS Warns That Regulatory Crackdowns Can Spell More Trouble for Crypto

The Switzerland-based bank - UBS Group AG - warned that the crypto regulations might have a negative impact on the market.

A $130M crypto quant nets big returns as options boom

Forget Elon Musk tweets, regulatory missives and Bitcoin’s energy consumption. To hedge fund manager Shiliang Tang, the biggest crypto story this year is taking...

Wells Fargo Plans To Add Actively-Managed Crypto Product

Wells Fargo is the next major banking and financial services provider to join the mix of offering crypto assets. The news comes after last week’s report that Swiss-based institution UBS Group AG was looking to make a similar move. Wells Fargo’s Change In Perspective Just a few years ago, Wells Fargo was banning credit card […]

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