Important Highlights
- PNC Bank partners with Coinbase to offer crypto access through existing PNC accounts
- Safe, regulated, and easy to use for clients with investments and wealth
- Banks are finally entering the crypto space as regulations ease up
Coinbase and PNC Bank Collaborate to Offer Crypto to Customers
In a big move toward the future of finance, PNC Bank partners with Coinbase to help clients tap into the world of cryptocurrency right from their PNC accounts.
If you’re a PNC customer in wealth or asset management, that means you’ll soon be able to buy, sell, and hold crypto securely without ever leaving your bank’s platform.
This isn’t just a tech upgrade. It’s a sign that traditional banks are finally getting serious about crypto and doing it in a way that feels familiar and secure.
PNC’s CEO, William S. Demchak, said the partnership gives clients “secure and streamlined access” to crypto on a platform they already trust.
In other words: no more sketchy third-party apps or jumping through hoops just to get into Bitcoin or Ethereum.
PNC Bank Partners as Crypto Becomes Bank-Friendly
So why now?
The short answer: the rules have changed. Until recently, U.S. banks were discouraged sometimes even blocked from offering crypto services. But that’s no longer the case.
The Federal Reserve, FDIC, and OCC all pulled back on those warnings, and they’ve even said banks don’t need special permission to help clients with crypto in certain cases.
That’s a big deal. And with the recent passing of the GENIUS Act, which lays out how stablecoins should be handled, the path is finally clear for banks to join the crypto world.
With all of that happening, it makes perfect sense that PNC Bank partners with one of the most established names in crypto, Coinbase, to roll out this service.
What It Means for You as a PNC Client
Let’s say you’re a PNC client with investments and you’ve been curious about crypto but unsure where to start.
This partnership changes that.
Here’s what you’ll get:
- Security: Everything is handled within PNC’s platform, using Coinbase’s secure tech
- Convenience: No extra logins or apps—just crypto access through your bank
- Fewer fees and headaches: No bouncing money around between banks and exchanges
If you’re already comfortable managing your portfolio through PNC, adding crypto just became a whole lot easier.
How Coinbase Benefits Too
This is more than just PNC tapping into crypto. The deal works both ways.
In return, PNC will offer some core banking services to Coinbase something the crypto exchange has had trouble securing in the past.
Many banks had stopped working with crypto firms altogether due to unclear regulations.
Now that the landscape is shifting, PNC Bank partners like Coinbase can build stronger, more stable relationships within the banking system. That’s good news for the entire crypto industry.
Why Other Banks Are Watching Closely
PNC isn’t the only one making moves. Other major banks are watching and learning.
- JPMorgan, Citi, and Bank of America all brought up crypto and stablecoins in their recent earnings calls.
- Standard Chartered has already started offering Bitcoin and Ether trading to some institutional clients.
- JPMorgan is even searching for blockchain-based settlements and token deposits.
In short, traditional finance is leaning into crypto and PNC Bank’s partnership is one of the clearest signs yet that the old and new financial worlds are coming together.