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Crypto unlikely to go mainstream with PBs despite interest from wealthy clients

Central, Hong Kong

Despite interest from wealthy clients, cryptocurrencies and other virtual assets are not a priority for PBs because regulatory oversight has become stricter and decentralised trading channels are available. Over the past 12-24 months, a number of family offices and independent asset managers (IAM) in Asia have been developing investment products based on, or linked to, cryptocurrencies, alongside a couple of…

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