ABS Embraces Crypto Custody

This is a Switzerland news story, published by Yahoo Finance, that relates primarily to Rani Jabban news.

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crypto currency

GlobalData

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Business

Business & Economics

Private banking is strolling to catch an accelerating crypto train

Summary

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78% Informative

ABS became the first Private Bank to bridge the world of crypto finance and regulated banking in order to serve clients who were seeking custody for digital assets and a suite of associated services.

ABS has seen a steady increase in regulatory engagement and exponential growth in the number of crypto millionaires - serious money requiring serious services.

Rani Jabban , is Managing Director, Arab Bank Switzerland .

"Private banking is strolling to catch an accelerating crypto train," he says.

Private Bankers should be working to capitalise on this rapidly evolving market and the new realities Institutional investment in the crypto space will create.

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful