Zürcher Kantonalbank (ZKB) has launched Bitcoin and Ethereum trading services for Swiss residents through its eBanking and Mobile Banking platforms, marking a significant move towards mainstream cryptocurrency adoption by traditional banks. The bank partnered with Crypto Finance AG and Fireblocks to ensure secure custody and compliance, allowing clients to manage digital assets alongside traditional investments without needing separate wallets. This initiative reflects a growing trend among financial institutions to embrace digital currencies, with competitors like PostFinance also exploring similar services.
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0 posts last weekZurich Cantonal Bank Launches Bitcoin and Ethereum Trading Services
Zurich Cantonal Bank has launched Bitcoin and Ethereum trading and custody services, allowing customers to trade cryptocurrencies 24/7 through its digital platforms. The bank, in partnership with Crypto Finance AG, also offers B2B solutions for other Swiss banks, enhancing the crypto landscape in Europe. This move follows the bank’s previous involvement in issuing the world’s first digital bond in 2021, reflecting a growing acceptance of digital assets amid evolving regulatory frameworks.
read moreZürcher Kantonalbank Launches Crypto Trading and Custody Services for Clients
Zürcher Kantonalbank (ZKB) has officially launched its crypto trading and custody services, allowing customers to trade Bitcoin and Ethereum through ZKB eBanking and Mobile Banking. The bank ensures secure storage of private keys, eliminating the need for customers to manage their own wallets. Currently, only clients based in Switzerland can access these services, with transactions conducted in US dollars.
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