Swiss private bank Julius Baer expands its cryptocurrency services to Dubai
According to Bloomberg, Julius Baer Group, a long-established Swiss private bank, is expanding its cryptocurrency services to Dubai. Its Middle Eastern subsidiary JBME said that in addition to obtaining the existing license from the Dubai Financial Services Authority, it will immediately apply for a "digital asset license change", which will allow the company to arrange and provide consulting and custody services for digital assets such as Bitcoin and Ethereum.
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