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The Banking Race is On as 60% of Top US Banks Are Now Building on BTC


by Coin Edition
for CoinEdition
The Banking Race is On as 60% of Top US Banks Are Now Building on BTC

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AI Overview

Almost 60% of the largest U.S. banks are developing or planning Bitcoin-related services, including trading, custody, and lending. Notably, PNC Bank is allowing wealth management clients to buy and sell Bitcoin directly, marking a shift in institutional trust toward cryptocurrencies.

Bullish
  • Nearly 60% of the largest U.S. banks are building or planning Bitcoin-related services
  • Most banks are planning to launch services for securely holding, trading, or lending BTC.
  • PNC Bank is letting its wealth management clients buy and sell Bitcoin directly.

A recent report from the financial services company River reveals that nearly 60% of America’s 25 largest banks by asset value are either currently developing or have publicly disclosed plans to introduce services and products related to Bitcoin.

This includes offerings such as trading, custody, lending, and advisory solutions linked to Bitcoin, which is a significant change from the deep distrust many big banks used to have toward cryptocurrencies.

Numerous banks and financial firms are at different points in adding Bitcoin to their services. They’re doing so by building their own products, teaming up with c…

Read The Full Article The Banking Race is On as 60% of Top US Banks Are Now Building on BTC On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 89.27K

+1.27%

$ 0.00316

$ 48.99

-27.9%

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In This News

Coins

$ 89.27K

+1.27%

$ 0.00316

$ 48.99

-27.9%

Share:

Read More

Strive clears Semler debt off books, buys more bitcoin after $225 million preferred stock sale

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After this steep dollar plunge will Bitcoin join the Gold rush or succumb to a risk-off reality?

The US dollar slid to a four-year low, while gold and silver pushed deeper into recor...

The Banking Race is On as 60% of Top US Banks Are Now Building on BTC


by Coin Edition
for CoinEdition
The Banking Race is On as 60% of Top US Banks Are Now Building on BTC

Share:

AI Overview

Almost 60% of the largest U.S. banks are developing or planning Bitcoin-related services, including trading, custody, and lending. Notably, PNC Bank is allowing wealth management clients to buy and sell Bitcoin directly, marking a shift in institutional trust toward cryptocurrencies.

Bullish
  • Nearly 60% of the largest U.S. banks are building or planning Bitcoin-related services
  • Most banks are planning to launch services for securely holding, trading, or lending BTC.
  • PNC Bank is letting its wealth management clients buy and sell Bitcoin directly.

A recent report from the financial services company River reveals that nearly 60% of America’s 25 largest banks by asset value are either currently developing or have publicly disclosed plans to introduce services and products related to Bitcoin.

This includes offerings such as trading, custody, lending, and advisory solutions linked to Bitcoin, which is a significant change from the deep distrust many big banks used to have toward cryptocurrencies.

Numerous banks and financial firms are at different points in adding Bitcoin to their services. They’re doing so by building their own products, teaming up with c…

Read The Full Article The Banking Race is On as 60% of Top US Banks Are Now Building on BTC On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 89.27K

+1.27%

$ 0.00316

$ 48.99

-27.9%

Share:

In This News

Coins

$ 89.27K

+1.27%

$ 0.00316

$ 48.99

-27.9%

Share:

Read More

Strive clears Semler debt off books, buys more bitcoin after $225 million preferred stock sale

Strive clears Semler debt off books, buys more bitcoin after $225 million preferred stock sale

The offering of SATA shares was oversubscribed and upsized from the initial $150 mill...
After this steep dollar plunge will Bitcoin join the Gold rush or succumb to a risk-off reality?

After this steep dollar plunge will Bitcoin join the Gold rush or succumb to a risk-off reality?

The US dollar slid to a four-year low, while gold and silver pushed deeper into recor...