Mark Haefele of UBS Group AG: Bitcoin Not “Considered a Viable Currency to Invest In”

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In an interview with Bloomberg, the chief investment officer of the world’s largest wealth management company, UBS Group AG, has declared his scepticism of Bitcoin and other cryptocurrencies. For Mark Haefele, the lack of government regulation over Bitcoin is a cause for concern, as is the size of market capitalisation of cryptocurrencies in general. He … Continue reading Mark Haefele of UBS Group AG: Bitcoin Not “Considered a Viable Currency to Invest In”

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