Asian wealth managers seen wary of digital assets despite soaring demand

Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS/Dado Ruvic/Illustration/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterSINGAPORE, June 6 (Reuters) – Wealth managers in Asia are holding back from offering digital assets to investors despite soaring demand due to a lack of understanding of these assets, according to an industry survey by consulting firm Accenture published on Monday.Global banks have been cautiously moving into crypto for several years, some building it within existing operations and others setting up new businesses.”Currently, 52 percent …
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