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Since ubs's announcement in august 2016, several other major banks and their own blockchain based digital asset projects have come to light, some of which that have been ongoing.
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Ubs wealth warns clients crypto prices can actually go to zero. From forbes blockchain 50 (apr 16, 2019): The summit organized a collection of official, marketing and supervisory fanatics and specialists. We believe increased regulatory curbs are just one of several headwinds for the crypto market. Ubs group ag is a swiss multinational investment bank and financial services company founded and based in switzerland. Not all digital assets are crypto assets, and not all crypto assets are cryptocurrencies. Local news outlet swissinfo reported on sept. Financial market coverage by the ubs cio house view.
On wednesday, 12 june, a crowd of 700 assembled at london's iconic old billingsgate market for the cryptocompare digital asset summit.
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A chief economist at ubs, the largest bank in switzerland, sees a number of problems with bitcoin.
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