The Bank for International Settlements (BIS) is positioning itself at the forefront of financial innovation, aiming to revolutionize cross-border payments. With major global financial institutions and credit card companies signing on to its blockchain-based project, BIS is working to build…
UBS Empowers Wealthy Clients with Access to Crypto ETFs in Hong Kong
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…