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Topic: Don't store private keys on UBS Safe - page 2. (Read 876 times)

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Wherever I may roam
September 07, 2016, 08:09:47 AM
#1
In case any of you is using the service called UBS Safe to store sensitive and precious material on the encrypted UBS servers, please note that at the third point (see image below, unfortunately in Italian), they say that storing private keys of cryptocurrencies like Bitcoin is forbidden, and therefore not covered in case of loss.
Not that I was expecting anything better from a Bank, and particularly from UBS.

EDIT: rough translation of the third point:

Responsibility: UBS is responsible in case of violation of the due diligence obligation. However, UBS is not responsible for the loss of objects with a digital value, for example private keys of cryptocurrencies like Bitcoin, the storage of which is nevertheless explicitly forbidden according to the legal provisions of "Special provisions for the use of the UBS Safe service"

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