Switzerland’s largest bank, UBS, expects the United States Congress to take a long time to pass cryptocurrency legislation despite mounting interest in crypto investments and regulators calling for Congress to weigh in on crypto legislation. Congress Could Take a Long Time on Crypto Legislation The largest bank in Switzerland, UBS, published its view on U.S.…
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Switzerland’s largest bank, UBS, has suggested some investment strategies for investors seeking to gain exposure to crypto assets with less risk than investing directly in bitcoin, ether, or other cryptocurrencies. “There are several main ways investors can access this potential while avoiding the high volatility and regulatory risks of holding bitcoin or rival cryptos,” the…
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Global banks are scanning clients in Hong Kong on potential political ties amid protests over China-initiated national security law. Major international banks like Credit Suisse and HSBC are reportedly scrutinizing their Hong Kong clients amid the ongoing protests over China-backed national security law. According to a July 19 report by Reuters, global banks including Credit…
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A former executive of investment bank UBS, Claude Waelchli, has established a United States-based digital securities issuance platform dubbed Tokenyz. A former executive of investment bank UBS has established a United States-based digital securities platform. According to a press release on Nov. 27, Claude Waelchli — who served over 12 years at UBS in various…
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