The banking industry has fiercely resisted accusations that it denies services based on ideological reasons
Published Wed, Jul 23, 2025 · 02:17 PM
[NEW YORK] PNC Bank is working with cryptocurrency exchange Coinbase to offer crypto trading to the bank’s customers, the companies said on Tuesday (Jul 22), in a sign that crypto is moving towards becoming increasingly interconnected to mainstream finance.
PNC will use Coinbase’s institutional “crypto-as-a-service” platform to develop an offering that will allow PNC clients to buy, hold and sell cryptocurrencies. The Pittsburgh-based financial institution will also offer certain banking services to Coinbase.
The PNC-Coinbase partnership is a stark shift for the banking sector, which…
