TechFlow news, July 22 — According to Bloomberg, U.S.-based PNC Financial Services Group Inc. announced a partnership with cryptocurrency exchange Coinbase Global Inc. to offer digital currency services to its banking customers.
The collaboration is currently in its early stages and is expected to initially target wealth management and asset management clients, allowing them to trade cryptocurrencies through their PNC accounts. Emma Loftus, PNC's head of financial management, said the move aims to provide customers with a more convenient channel for cryptocurrency trading.
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