@Quarts 10 May 2021 more from that month

Swiss Bank UBS Prepares to Enter the Digital Currency World. UBS Group AG plans to offer cryptocurrency investment services to its wealthy customers. It is not yet known in what currency UBS will enter the market. Goldman Sachs had begun offering Bitcoin derivative instruments to its investors. JP Morgan plans to launch the first Bitcoin ETF this summer. Also, Goldman Sachs is building a crypto trading team. // Competition has a domino effect. Banks seeing what people demand will quickly make this transition. Those who cannot keep up with development will perish.