PNC Bank announced the launch of direct spot bitcoin (BTC-USD) trading capabilities for eligible clients of PNC Private Bank, making PNC the first to market with such an offering among the major U.S. banks. Powered by Coinbase’s Crypto-as-a-Service market leading infrastructure, PNC has enabled clients to buy, hold and sell bitcoin directly through PNC’s own digital banking platform. The launch marks a key milestone in PNC’s (PNC) strategic partnership with Coinbase (COIN), announced in July, to provide trusted, secure and innovative digital asset solutions to PNC’s private banking clients.
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