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PNC Collaborates with Coinbase to Provide Cryptocurrency Services for Bank Customers

Summary: According to Bloomberg, PNC Financial Services Group Inc. has partnered with cryptocurrency exchange platform Coinbase Global Inc. to provide a digital currency service channel for its bank customers. Emma Loftus, Head of Cash Management at PNC Bank, stated that the collaboration is still in its early stages and is expected to initially be offered to ...

According to Bloomberg, PNC Financial Services Group Inc. has partnered with cryptocurrency exchange platform Coinbase Global Inc. to provide a digital currency service channel for its bank customers.

Emma Loftus, Head of Cash Management at PNC Bank, stated that the collaboration is still in its early stages and is expected to initially be offered to wealth management and asset management clients, allowing them to conduct cryptocurrency transactions through their PNC accounts.

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