Financial Giant UBS Prepares to Offer Cryptocurrency Trading to Wealthy Clients

As reported by Bloomberg, the Swiss financial giant UBS Group is advancing preparations to offer cryptocurrency trading to some of its private banking clients. As of September 30, UBS, which holds an estimated $4.7 trillion in client assets and stands as the world's largest wealth manager, is selecting partners for its cryptocurrency trading services. Discussions have been ongoing for several months, but final decisions on the method and timing of the service rollout have not yet been made. If implemented, this initiative would represent a significant step beyond pilot programs or indirect exposures for UBS in the realm of private banking...