The Zürich-based banking giant’s decision contrasts with Vanguard’s decision to bar customers from buying bitcoin ETFs.
UBS Group’s Wealthy Clients Can Now Trade Some Crypto ETFs in Hong Kong: Bloomberg
The news comes a day after HSBC, one of the world’s largest banks, said it plans to start a digital-assets custody service for institutional clients.
Swiss bank UBS launches tokenized money market fund on Ethereum
The fund is a part of a wider VCC umbrella that brings various real-world assets to the blockchain.
Bank of China issues $28M in digital structured notes on Ethereum blockchain
The securitized tokens are governed by Hong Kong and Swiss law.
Bank of China’s BOCI Issues Tokenized Securities on Ethereum in Hong Kong
It’s the first-such transaction by a Chinese financial institution in Hong Kong, according to the company.
Crypto market momentum stalls as traders await the results of recent regulatory actions
Crypto’s bullish momentum may stall at the $1.2 trillion total market cap resistance, but traders’ newfound caution has not translated to excessive demand for short positions.
UBS’s acquisition of Credit Suisse brings some good and bad for crypto
Many in Switzerland have said that UBS’ takeover of Credit Suisse was necessary to avoid a calamitous banking crisis like that seen in 2008.
European banks head into another weekend of uncertainty as default risks surge
An indicator of European bank default risk soars and stocks tumble on March 24 amid renewed fears surrounding the financial system.
The Credit Suisse Buyout and the Lingering Risks to the Banking Sector
UBS Group doubles offer and acquires Credit Suisse for $2B
Swiss authorities agreed to change the country’s regulations to bypass a shareholder vote and announce the deal over the weekend.
Credit Suisse rescue plan may include nationalization, bondholder losses
A bank rescue plan for Credit Suisse may impose losses on its bondholders and even result in a full or partial nationalization of Credit Suisse Group AG.
UBS AG launches digital bond settled on blockchain and traditional exchanges
With atomic settlement technology, the company said its digital bond settles through the SIX Digital Exchange (SDX), not requiring a central clearing counterparty.
UBS raises US recession odds to 60%, but what does this mean for crypto prices?
Analysts believe the possibility of a recession in the US is increasing and this could be an important stress test for cryptocurrencies.
Crypto is an ‘untested asset category,’ says UBS CEO Ralph Hamers
The UBS chief said the bank continues to urge caution when it comes to crypto exposure for its clients.
‘Investors stay clear’: UBS warns regulators could pop ‘bubble-like crypto markets’
UBS has joined the phalanx of banks expressing concern over their customers investing in digital assets.
Goldman Sachs, JPMorgan, UBS Are Trading an ETP Tied to Polkadot’s Crypto
The purchases suggest institutional investors’ appetite for crypto exposure in the bull market goes far beyond bitcoin, or even ether.
ING Bank-Backed Crypto Trade Platform Pyctor Is Raising Money
The digital assets post-trade collaboration also involves Citi, State Street, UBS and others.
Banking Giant UBS Goes Live on We.Trade Blockchain for Trade Finance
Swiss financial giant UBS has started full-fledged transactions on we.trade, a blockchain-based trade finance platform that’s seeing growing adoption.
14 Banks, 5 Tokens: Fnality’s Expansive Vision for Interbank Blockchains
Fresh off a $63 million fundraise, execs at bank blockchain consortium Fnality shed some light on the often-secretive project’s plan to tokenize fiat currency.
Barclays and Clearmatics Call on Coders to Help Blockchains Talk to Each Other
U.K. bank Barclays and startup Clearmatics will hold a hackathon next month to spur ideas for blockchain interoperability.