Switzerland's fourth-largest bank ZKB announces cryptocurrency trading and storage services

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Switzerland's fourth-largest bank, Zurich Cantonal Bank (ZKB), announced the launch of cryptocurrency trading and storage services that support Bitcoin and Ethereum. The service has been integrated into ZKB's existing channels, including its e-banking and mobile banking, and customers can conduct cryptocurrency transactions around the clock. Alexandra Scriba, head of institutional clients at ZKB, said that customers do not need to have their own wallets or worry about the storage of private keys, and ZKB will be responsible for these functions. In addition, ZKB also cooperates with Crypto Finance AG, a subsidiary of Deutsche Börse Group, to process cryptocurrency transactions, and has attracted other banks such as Thurgauer Kantonalbank to use its encryption services. (DLNews)


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