UBS Chairman Predicts Big Bitcoin Market Correction, Won’t Invest

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The post UBS Chairman Predicts Big Bitcoin Market Correction, Won’t Invest appeared first on CCN

Alex Weber, chairman of UBS Group AG, said the bank will not trade bitcoin or offer it to clients due to an expected massive drop in value caused by regulation. In an interview at the World Economic Forum in Davos, Switzerland, Weber said bitcoin’s future will be undermined by market corrections. Weber said South Korea

The post UBS Chairman Predicts Big Bitcoin Market Correction, Won’t Invest appeared first on CCN

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