Switzerland's fourth-biggest bank, Zürcher Kantonalbank (ZKB), has begun offering retail customers the ability to buy, sell, and hold the two most popular cryptocurrencies: Bitcoin (BTC) and Ethereum (ETH). This new service is the result of a collaboration between ZKB and Crypto Finance, a digital assets broker owned by Deutsche Börse.

Through ZKB's existing Mobile App, eBanking, and other established channels, customers will now have access to BTC and ETH. This move solidifies Switzerland's position as a leader in digital asset adoption, with many financial institutions in the country already offering crypto trading capabilities.

ZKB is no stranger to crypto innovation, having been involved in the issuance of the world's first digital bond on Switzerland's SIX Digital Exchange (SDX) in 2021. The bank will also take on the critical function of securely storing the private keys for its customers, allowing them to trade cryptocurrencies without the need for their own wallet or managing private keys.

Source: https://www.coindesk.com/business/2024/09/04/switzerlands-fourth-biggest-bank-zkb-offers-retail-customers-bitcoin-and-ether/

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