UBS Explores Crypto Investing for Select Private Banking Clients, Report Says

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Swiss banking giant UBS is exploring plans to offer cryptocurrency investment services to select private banking clients, according to a report by Bloomberg News, citing people familiar with the matter.

Under the proposal, UBS would initially allow a limited group of its private banking clients in Switzerland to buy and sell major digital assets such as bitcoin and ether. The bank is said to be in the process of selecting external partners to support the crypto offering. Bloomberg reported that the service could later be expanded to other regions, including Asia-Pacific and the United States.

UBS declined to comment directly on the report, but said it continues to assess opportunities linked to digital assets. A spokesperson told Reuters that the bank actively monitors developments in line with client demand, regulatory frameworks, market trends and risk management considerations, while acknowledging the importance of blockchain technology that underpins cryptocurrencies.

The move reflects growing interest in digital assets among wealthy clients and forms part of a broader trend of institutional adoption. Other major banks have also moved cautiously into the space, as regulatory clarity improves in some markets. Analysts say UBS’s potential entry would mark another milestone in the mainstream acceptance of crypto investing within global wealth management.

Apple Confirms Timeline for Expanded App Store Search Ads

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App Store Search Results to Show More Ads Next Year, Says Apple - MacRumors

Apple is moving forward with its plan to expand advertising on the App Store, confirming when users will begin seeing more ads in search results. First announced last year, the change is part of Apple’s broader effort to give developers additional ways to promote their apps while increasing the visibility of sponsored listings.

According to reports shared by developers on social media, Apple has officially notified partners that the rollout will begin on March 3, 2026. The expanded Apple Ads experience will initially go live in select markets, starting with the UK, followed shortly by Japan. Apple says the feature will reach all remaining regions by the end of March.

The updated ad placements will appear on iPhone and iPad devices running iOS 26.2 or later, as well as iPadOS 26.2 and newer versions. Apple clarified that search pages may now feature multiple sponsored placements per query, rather than only the single ad currently shown at the top of search results.

While the move has sparked debate among users, it isn’t entirely unexpected. Apple previously confirmed its intention to increase ad visibility within App Store search results, and this rollout marks the first major step in that direction. By embedding ads more directly into search results, Apple aims to help developers boost app discovery and downloads, while continuing to expand its fast-growing services revenue stream.

EU Plan to Phase Out High-Risk Tech Draws Fire From China’s Huawei

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The European Union plans to phase out components and equipment from so-called high-risk technology suppliers in critical sectors, under proposed revisions to the EU Cybersecurity Act that have drawn sharp criticism from Huawei.

The draft proposal, released by the European Commission, aims to strengthen protections against rising cyber and ransomware attacks, foreign interference and espionage risks, while reducing Europe’s dependence on non-EU technology providers. Although the Commission did not name specific companies or countries, Huawei is widely expected to be among those affected.

EU technology chief Henna Virkkunen said the measures would improve security of critical ICT supply chains and bolster Europe’s technological sovereignty. The new rules would apply to 18 key sectors, including telecom networks, cloud services, semiconductors, energy systems, medical devices, drones and connected vehicles.

Under the proposal, mobile operators would have 36 months after publication of a high-risk supplier list to phase out key components. Additional timelines for fixed and satellite networks will be set later. Any restrictions would follow formal risk assessments and market impact studies.

Huawei said excluding suppliers based on country of origin rather than technical evidence violates EU legal principles and World Trade Organization obligations, echoing criticism from China’s foreign ministry. Industry group Connect Europe warned the measures could impose billions of euros in extra costs. The proposal must still be negotiated with EU governments and the European Parliament before becoming law.