UBS's Acquisition of Credit Suisse Brings Good and Bad for Crypto
Many in Switzerland said UBS's takeover of Credit Suisse was necessary to avert a calamitous banking crisis like the one in 2008.
![The acquisition of Credit Suisse by UBS brings good and bad for crypto](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-03/799689a3-ff71-4ab9-a43a-8563dc26751e.jpg)
![UBS's Acquisition of Credit Suisse Brings Good and Bad for Crypto](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDMvNzk5Njg5YTMtZmY3MS00YWI5LWE0M2EtODU2M2RjMjY3NTFlLmpwZw==.jpg?#)
Many in Switzerland said UBS's takeover of Credit Suisse was necessary to avert a calamitous banking crisis like the one in 2008.
![The acquisition of Credit Suisse by UBS brings good and bad for crypto](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-03/799689a3-ff71-4ab9-a43a-8563dc26751e.jpg)
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