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UBS explores crypto investing for select private banking clients, Bloomberg News reports
UBS is planning to offer cryptocurrency investment options to some private banking clients, Bloomberg News reported on Friday, citing people familiar with the matter. The Swiss lender is selecting partners for the proposed crypto offering, the report said. UBS would initially allow select clients of its private bank in Switzerland to buy and sell bitcoin and ether, according to the report, which added that the service could later be expanded to markets including Asia-Pacific and the United States. Reuters could not immediately verify the report. A UBS spokesperson declined to comment on the Bloomberg report, but told ... (full story)
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