The Chairman of the UBS, Axel Weber announced that the bank will not extend bitcoin and cryptocurrency trading services. He elaborated that the digital currencies are ‘highly speculative’ and would give rise to finance terrorism and money-laundering activities. The basic characteristics of cryptos and money were also compared.
UBS Chairman prohibits the bank from rendering Crypto ServicesIncryptsMay 05, 20180484
6 hours ago
7 hours ago
9 hours ago