Spanish bank BBVA recommends wealthy clients invest in cryptocurrencies
Foresight News reports, according to Reuters, that a senior executive at Spanish bank BBVA stated the bank recommends wealthy clients allocate 7% of their investment portfolios to cryptocurrencies. Philippe Meyer, Head of Digital and Blockchain Solutions at BBVA Switzerland, said at the DigiAssets conference in London that BBVA Private Banking advises clients to invest 3% to 7% of their portfolios in cryptocurrencies, depending on their individual risk preferences.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like

The Reserve Bank of India rejects the G7 stablecoin regulatory model, upholding monetary sovereignty
CryptoQuant: Large Bitcoin inflows to a certain exchange have dropped to their lowest level since 2018
