UBS (UBS) intends to make cryptocurrency investing available for private banking clients, with the company currently in the process of selecting partners for a crypto offering, Anna Irrera, Noele Illien, and Myriam Balezou of Bloomberg reports, citing people with knowledge of the matter. Discussions are still ongoing and UBS has not yet made a final decision on how it will proceed. The company intends to initially allow clients of its private bank in Switzerland to buy and sell Bitcoin and Ether before potentially rolling out in markets like the Asia-Pacific region and U.S., the source added.
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