UBS is about to accept ETH: Here come the big banks!

in #ethereum • 8 years ago

Hey guys!


Great news for Ethereum: According to this post http://www.huffingtonpost.com/david-seaman/ethereum-here-come-the-bi_b_11439206.html the swiss bank UBS will soon announce its acceptance of ETH.


TL;DR the article above:

Increased visibility of Ether seems to have attracted the attention of market participants far outside of the usual San Francisco Bitcoin start-up scene, as earlier this evening I was able to confirm a rumor that global financial services company UBS is nearing a formal announcement regarding its acceptance of Ethereum.
The Swiss bank plans to work with Ethereum, both as an experimental emerging asset class and as a rail for ferrying various kinds of financial data around the world.
I am aware of another major bank in the advanced stages of developing new tools atop Ethereum, but as I am unable to confirm with a source at the company, I will not be publishing the firm’s name until it is reported elsewhere separately.

Hope this was useful,

moodle


#ether #news #new #crypto-currency
8 years ago in #ethereum by
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