#binance #hype #zec #near
09/12/25 23:18 UTC-04

American PNC Bank launches Bitcoin trading via Coinbase

The American banking giant PNC Bank has become the first in the country to launch direct Bitcoin trading for its qualified corporate clients. To achieve this, the bank entered into a partnership with Coinbase, the second-largest cryptocurrency exchange by trading volume.

As of the third quarter of 2025, PNC Bank ranks ninth among U.S. banks by asset size. According to S&P Global, the bank’s parent company, PNC Financial Services Group Inc., demonstrated the third-largest consecutive quarterly growth in total assets among U.S. financial institutions — a 6% increase.

According to the announcement, PNC Private clients can now buy, sell, and store Bitcoin directly via their accounts on the PNC digital banking platform using Coinbase’s Crypto-as-a-Service (CaaS) feature. This eliminates the need to create and maintain a separate exchange account for cryptocurrency trading.

It is currently unknown whether additional cryptocurrencies will be added to the service or when that might happen.

PNC’s initiative in Bitcoin trading comes as traditional financial institutions increasingly seek to integrate digital assets into their platforms. For example, Bank of America recently advised its clients to allocate up to 4% of their funds to cryptocurrency despite recent market turbulence.

See also: "Binance Becomes the First Exchange to Receive a Full Set of Licenses from ADGM"

#Coinbase #Bank

Editor: Yulia Krasnaya
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