According to The Crypto Basic, PNC Bank has launched direct spot Bitcoin trading for eligible clients, becoming the first major U.S. bank to offer native BTC trading on its digital platform. The service is powered by Coinbase’s Crypto-as-a-Service (CaaS) infrastructure, allowing clients to hold, buy, and sell Bitcoin without needing a separate crypto exchange account. PNC Private Bank partnered with Coinbase earlier this year to integrate these features into its online banking platform, enabling clients to manage Bitcoin alongside traditional accounts. The bank plans to expand crypto access to more client segments in future phases. Separately, UAE Islamic bank Ruya also launched in-app Bitcoin trading, marking the first Shari’ah-compliant institution to offer this service.
PNC Bank Launches Direct Bitcoin Trading via Coinbase Partnership
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