UBS Group AG, the renowned Swiss financial services giant, has taken a significant step towards embracing the world of cryptocurrencies. According to a reliable source, UBS has commenced offering its affluent clients in Hong Kong access to a range of…
UBS Taps Ethereum to Pilot Tokenized Money Market Fund
UBS Asset Management, a global leader in fund management, has embarked on a groundbreaking journey by launching its first “live pilot” for a tokenized money market fund on the Ethereum blockchain. In-House Expertise with UBS Tokenize In a significant move,…
UBS Launches Ethereum-based Tokenized Money Market Fund
In a groundbreaking move, UBS Asset Management has initiated a live pilot of a tokenized version of its Variable Capital Company (VCC) fund, marking a significant milestone in the world of blockchain and finance. As part of Project Guardian, a…
Crypto’s can Never replace the Dollar, according UBS chief Economist, Paul Donovan
According to UBS Global wealth management’s chief economist, Paul Donovan, crypto-currencies are almost about to outlive their usefulness, and it is indeed time to do away with the coins. UBS’ Paul Donovan is known for not being crypto’s biggest fan…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
