American banking giant PNC enters crypto through partnership with Coinbase

The American banking giant PNC Financial Services Group will collaborate with the crypto exchange Coinbase to offer its customers direct access to digital currencies. This is reported by Bloomberg based on discussions with bank chief Emma Loftus.

Customers will soon be able to buy crypto through PNC

The collaboration is still in its early stages, but according to Loftus, head of Treasury Management at PNC, it is planned that wealthy and institutional customers will soon be able to buy and sell cryptocurrencies through their existing PNC accounts.

“This partnership with Coinbase allows us to explore where the market offers the greatest potential, where the demand is highest, and what our customers are most interested in,” Loftus said. The idea is that customers will soon be able to trade crypto directly from their banking environment without separate registration.