UBS - Are You A Wealthy Client Of UBS? If So Crypto Futures ETF Trading Is Enabled In This City | Benzinga
UBS (NYSE: UBS) announced an update for its wealthy clients.
What Happened: The bank's clients in Hong Kong — those with more than $2 million in investable assets — will be able to invest in cryptocurrency ETFs, Yahoo Finance reports.
The move is in alignment with China's steps toward adopting web3.
Benzinga’s Future of Digital Assets conference in New York on Nov.14. Attend and learn more about Hong Kong and its rapidly evolving crypto regulatory landscape. The gathering is seen as pivotal for the digital assets community. The event will spotlight the latest trends, innovations, and challenges in the digital asset realm.
Why It Matters: HSBC has also enabled clients in Hong Kong to trade crypto-linked ETFs. And SEBA Bank has received a license for its unit to provide ...