Coinspeaker
Santander Private Bank Introduces Crypto Trading for Swiss Clients
Santander Private Banking International has announced plans to allow its high-net-worth Swiss clients a chance to trade crypto assets. The bank will offer these clients a chance to buy, sell, and hold two major cryptocurrencies – Bitcoin (BTC) and Ether (ETH). It also plans to add further cryptocurrencies that meet its criteria.
According to the banking giant, the service will be provided based on client requests through relationship managers. The bank will also provide secure custodial services for all client assets.
Santander’s move is rather intriguing, given that most big banks limit their exposure to decentralized blockchains and the cryptocurrencies running on them. It’s even more interesting when you consider the move contrasts the bank’s previous position on cryptocurrencies.
Pending Bitcoin ETFs Approval Stimulating Institutional Interest
Just over a year ago, Santander announced plans to be
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