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Coinbase and PNC to work together as crypto reaches for Main Street

From aol.com

The largest US cryptocurrency exchange and a Pittsburgh regional lender announced a strategic partnership Tuesday that shows how upstart crypto and old-school banking are coming closer together. The new arrangement between Coinbase Global (COIN) and PNC Financial Services Group (PNC) will give retail and institutional customers of the seventh-largest US bank a way to buy, sell and hold cryptocurrencies through their PNC accounts. PNC will also begin providing Coinbase with select banking services, including settlement, as part of the agreement. “Partnering with Coinbase accelerates our ability to bring innovative, ... (full story)

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  • Category: Fundamental Analysis