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Top 5 Swiss Bank’s Profits up 34% After Bitcoin Integration

Julius Baer, one amongst the above-mentioned top-five Swiss bank, recorded its net profit upsurge by 34% in the first half-yearly of 2020 which accords with the bank’s introduction of a supervisory provision for digital assets like Bitcoin (BTC) in January, the same time span in which it initiated offering digital assets like Bitcoin to its clients. Julius Baer Group, manages $427 billion in assets, proclaimed on July 20 that its revenue amplified by $524 million in the last 2 quarters. The bank was mostly furthered from an escalation in trade revenues all over the U.S. and Europe. Overall surge in…

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