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- Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
Check out and engage with Kevin_Lee’s latest post!
👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
Let’s give Kevin_Lee a warm welcome! 👏👏👏
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Spain's foreign bank private banking advises clients to invest 3% to 7% of their portfolio in Crypto Assets.
According to Techub News, Philippe Meyer, the Head of Digital and Blockchain Solutions at BBVA's Swiss branch, stated at the London DigiAssets conference that BBVA Private Banking recommends clients invest 3% to 7% of their portfolios in Crypto Assets based on their risk preferences.
Philippe Meyer stated that BBVA is one of the large global banks that was among the first to recommend its high-net-worth clients purchase Crypto Assets. Since 2021, the bank has been executing requests from clients to purchase Crypto Assets. He mentioned that the recommendation currently applies to 3-7% of Bitcoin and Ethereum, but BBVA plans to expand this recommendation to other Crypto Assets later this year.
Philippe Meyer stated that clients have so far accepted the proposal and dismissed concerns about the excessive risk of the asset.