{"id":258263,"date":"2024-09-04T13:19:41","date_gmt":"2024-09-04T13:19:41","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/09\/04\/switzerlands-fourth-largest-bank-zkb-launches-bitcoin-trading\/"},"modified":"2025-06-25T17:11:35","modified_gmt":"2025-06-25T17:11:35","slug":"switzerlands-fourth-largest-bank-zkb-launches-bitcoin-trading","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/09\/04\/switzerlands-fourth-largest-bank-zkb-launches-bitcoin-trading\/","title":{"rendered":"Switzerland&#039;s Fourth Largest Bank ZKB Launches Bitcoin Trading"},"content":{"rendered":"<p> [ad_1]<br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/.image\/c_fit%2Ch_800%2Cw_1200\/MjA5MDQ5NDIwMjA4MDIzMTUy\/zkbbb.jpg\" \/><\/p>\n<p>Z\u00fcrcher Kantonalbank (ZKB), Switzerland&#8217;s fourth-largest bank, <a href=\"https:\/\/www.zkb.ch\/de\/blog\/themen\/kryptowaehrungen-uebersichtseite.html\">has begun offering<\/a> its clients Bitcoin and crypto trading and custody services. With over $290 billion in assets under management, ZKB provides services to retail, corporate, and institutional clients.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">JUST IN: \ud83c\udde8\ud83c\udded$290 billion Zurich Cantonal Bank launches <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> and crypto offerings. <a href=\"https:\/\/t.co\/ILUTSHWn8V\">pic.twitter.com\/ILUTSHWn8V<\/a><\/p>\n<p>&mdash; Bitcoin Magazine (@BitcoinMagazine) <a href=\"https:\/\/twitter.com\/BitcoinMagazine\/status\/1831295803249275119?ref_src=twsrc%5Etfw\">September 4, 2024<\/a><\/p><\/blockquote>\n<p>ZKB now allows clients to trade and hold Bitcoin and crypto through its mobile app, online banking, and traditional channels. The bank partnered with Deutsche B\u00f6rse-owned Crypto Finance AG for brokerage services and developed its own custody solution.<\/p>\n<p>The move reflects the country&#8217;s openness to Bitcoin, and cements ZKB as one of the largest mainstream financial institutions to embrace Bitcoin. Switzerland has taken a relatively positive stance on Bitcoin and crypto, including the <a href=\"https:\/\/bitcoinmagazine.com\/tags\/swiss-national-bank\">Swiss National Bank<\/a>, revealing it held shares in MicroStrategy.<\/p>\n<p>The launch comes as more major financial players adopt Bitcoin and crypto offerings amid Bitcoin&#8217;s surge in legitimacy. In the U.S., the successful debut of Bitcoin ETFs has accelerated institutional adoption. ZKB&#8217;s move may pressure other Swiss and European banks to provide Bitcoin services.<\/p>\n<p>Banks worldwide, such as <a href=\"https:\/\/bitcoinmagazine.com\/business\/hong-kongs-largest-online-broker-launched-bitcoin-trading\">Hong Kong&#8217;s Futu<\/a> and <a href=\"https:\/\/bitcoinmagazine.com\/business\/standard-chartered-subsidiary-bank-launches-bitcoin-etfs-trading\">Standard Chartered&#8217;s Mox<\/a>, have also recently launched Bitcoin and Bitcoin ETFs trading. This growing trend shows that traditional finance is increasingly embracing Bitcoin.<\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/bitcoinmagazine.com\/business\/switzerlands-fourth-largest-bank-zkb-launches-bitcoin-trading\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Z\u00fcrcher Kantonalbank (ZKB), Switzerland&#8217;s fourth-largest bank, has begun offering its clients Bitcoin and crypto trading and custody services. With over $290 billion in assets<\/p>\n","protected":false},"author":1,"featured_media":258264,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[172],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/258263"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=258263"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/258263\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/258264"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=258263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=258263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=258263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}