Posts Tagged: Axel Weber

UBS: European Banks Interested in Cryptocurrencies, but Not Bitcoin

Cryptocurrencies

European banks are interested in cryptocurrencies like bitcoin, but they don’t believe the currency is likely to become accepted, according to the chairman of UBS. The head of the Swiss global financial services said that bitcoin’s use to banks is limited. This was due to its volatility and lack of control over its supply. Speaking… Read more »