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"UBS seeks to roll out crypto trading services for private banking clients"
Uk Jin
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Summary
- Switzerland’s financial heavyweight UBS Group is reportedly considering offering virtual asset (cryptocurrency) investment services to its private banking clients.
- Bloomberg reported that UBS is proceeding with a partner selection process to launch virtual asset products.
- The discussions have been ongoing for several months, and no final decision has reportedly been made yet.
UBS Group, the Swiss financial heavyweight boasting one of the world’s largest asset management businesses, is reportedly reviewing plans to offer virtual asset (cryptocurrency) investment services to its private banking clients.
On the 23rd (Korea time), Bloomberg, citing sources, reported that UBS is in the process of selecting partners to launch virtual asset products.
The discussions have been under way for several months, and a final decision has reportedly not yet been made.
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