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Virgin Galactic files for $500 million stock sale, shares tumble

(Reuters) -Virgin Galactic Holdings Inc on Monday filed to sell up to $500 million in common stock, a day after the company completed...

Virgin Galactic’s Branson ready for space launch aboard rocket plane

By Steve Gorman TRUTH OR CONSEQUENCES, N.M. (Reuters) -British billionaire Richard Branson prepared on Sunday to climb into his Virgin Galactic passenger rocket...

11% of Central Banks Wants to Invest in Bitcoin as a “Gold Alternative”

According to a seminar poll conducted by the Swiss financial company UBS, 11% of central banks stated they would invest in Bitcoin as a gold alternative.

Endowus Crosses S$1 Billion in Assets, Plans for Hong Kong Expansion

Endowus, Singapore’s MAS-licensed digital wealth platform, announced that they have crossed S$1 billion in assets under advice (AUA) locally following a fundraise from...

Swiss bank UBS says Bitcoin is ‘unsuitable’ for institutional investors

Switzerland bank UBS said in its latest note to investors that the increased crackdown on the crypto market by China makes investing in Bitcoin and other crypto-assets “unsuitable.” UBS says stiffer regulations are coming According to the note, the latest crackdown on digital assets by the Asian country has affected the value of the coins […]

The post Swiss bank UBS says Bitcoin is ‘unsuitable’ for institutional investors appeared first on CryptoSlate.

Banking Giant UBS Warns That Regulatory Crackdowns Can Spell More Trouble for Crypto

The Switzerland-based bank - UBS Group AG - warned that the crypto regulations might have a negative impact on the market.

Swiss Banking Giant UBS Calls Crypto “Risky” Following Plans to Offer It to Rich Clientele

Swiss Banking Giant Ubs Calls Crypto “Risky” Following Plans to Offer It to Rich Clientele
Swiss Banking Giant Ubs Calls Crypto “Risky” Following Plans to Offer It to Rich ClienteleOver the past few years, banks have significantly edged closer to the world of cryptocurrencies. The traditional banking system has become far less efficient in terms of both performance and cost-wise. As such, several banks have been eyeing cryptocurrencies and its underlying blockchain technology, to address these issues. But some banks continue to try and
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UBS Believes Regulatory Crackdowns Cause Crypto Markets to Collapse

Last week, UBS issued a warning to its customers about the dangers of regulatory crackdowns causing ‘bubble-like crypto markets to collapse.

UBS: Regulatory Crackdowns Could Pop ‘Bubble-like’ Crypto Markets

Swiss banking giant UBS has warned its clients about the risks that regulatory crackdowns pose to the crypto market.

Singapore Wealth Management Fintech Endowus Acquires Investment from UBS AG, Samsung Ventures, Others

Singapore-based Endowus, a Monetary Authority of Singapore (MAS)-approved and licensed digital wealth management platform, reveals that it has acquired an investment from strategic...

Branson aims to make space trip on July 11, ahead of Bezos

By Eric M. Johnson SEATTLE (Reuters) - Billionaire entrepreneur Richard Branson will travel to the edge of space on Virgin Galactic Holdings Inc's...

ABB readies electric vehicle charger business for $3 billion IPO next year – sources

By Arno Schuetze and Oliver Hirt FRANKFURT (Reuters) - Swiss technology group ABB plans to list its e-mobility division on the stock market...

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