UBS is the largest Swiss financial holding that provides various financial services all around the world. The first bank of the holding was founded in 1862 in Winterthur and the main office of UBS bank is currently headquartered in Zurich. UBS experts have different opinions about cryptocurrency and its growing popularity. Some of them think that investments in digital assets can be a good way not only to store money, but also to gain some profit from them, while others call Bitcoin another financial pyramid and warn their clients about using it. However, the corporation is considering using patents for blockchain validation for the UBS online services database, which will not only make maintaining the bank more secure, but also a number of its participants.
Chairman of Swiss bank UBS warns investors against cryptocurrencies and calls them at best ‘highly speculative investment vehicles’.
Switzerland’s Largest Bank Declines To Offer Trading In Bitcoin Or Other Cryptocurrencies
UBS Chairman Axel Weber advises individual clients against trading in cryptocurrency, wants to deflect blame from banks if a major crash happens in crypto.
UBS Chairman Warns Against Bitcoin For Main Street, Wants No Blame If Market Crashes
The massive CME Group opened Bitcoin futures trading today and prices stumbled slightly. Media jumps on the decline.
Media Continues to Slam Bitcoin as CME Futures Market Opens, Price Slips 4%
Ethereum surges to all-time high, topping $600 as UBS plans to use an Ethereum-based Blockchain to comply with EU data regulations.
Ethereum Surges Past $600 on UBS Announcement of Ethereum-based Initiative
Using the example of Coinbase Robert Wood explained why cryptocurrency holders will not have any chance to stay in shadow.
IRS Bitcoin Hunt Ramps Up, But Tax Amnesty Could Follow: Expert Blog
UBS joining the Blockchain revolution, per recent patent release.
UBS Files Patent For Blockchain Validation
Blockchain technology will reshape the banking industry according to UBS head man.
Banking Giant UBS CEO Says Blockchain Will ‘Reshape’ Banking