Key Takeaways :
Julius Baer Group will be issuing bitcoin and other cryptocurrency products to high-net-worth people. They are witnessing a bubble similar to the dot-com bust, which gave rise to a new industry. The bank initially teamed with bitcoin bank SEBA in 2019.
Julius Baer Group has announced the development of a proprietary digital wealth management system centered on Bitcoin. The private bank stated its goal of positioning itself at the crossroads between bitcoin and other cryptocurrencies and the fiat world.
BREAKING: $500 billion Swiss bank Julius Baer to offer #bitcoin and crypto services