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PNC Bank has launched direct bitcoin trading for high-net-worth clients, allowing them to buy and sell bitcoin through their existing investment accounts. This service, powered by a partnership with Coinbase, aims to keep clients within the bank's ecosystem as they explore digital assets. Future expansions will include institutional accounts and nonprofits.
Charles Schwab is set to introduce spot cryptocurrency trading within the next 12 months, expanding its financial services to include digital assets. This move aligns with the increasing demand for crypto trading platforms among investors.