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.
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