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PNC Bank to Offer Crypto Services Through Coinbase Partnership
PNC Bank is stepping into crypto, teaming up with Coinbase to offer clients direct access to digital assets from within their banking accounts. The move will let PNC customers buy, sell, and hold cryptocurrencies through Coinbase’s Crypto-as-a-Service platform. In return, Coinbase will gain access to select banking services from PNC. “Partnering with Coinbase accelerates our ability to deliver crypto financial solutions to our clients,” said PNC Chairman and CEO William Demchak in a statement, pointing to rising demand from both retail and institutional customers. The deal comes on the heels of fresh crypto ... (full story)