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31 July 2021

Crypto is an ‘untested asset category,’ says UBS CEO Ralph Hamers

Crypto is an ‘untested asset category,’ says UBS CEO Ralph Hamers


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Ralph Hamers, CEO of Swiss bank UBS, has said he does not fear missing out on crypto.

Several Swiss banks, like the 170-year-old Bordier & Cie, are also offering crypto trading services.

Hamers doubled down on the UBS' reticence regarding crypto, stating that he does not have FOMO about the bank missing out on a few wealthy clients looking to invest in crypto.

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cointelegraph.com
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