PNC Bank partners with Coinbase to allow customers to buy, sell, and hold cryptocurrency. CEO Bill Demchak cites innovative financial solutions. Coinbase, holding nearly half a trillion in assets, supports PNC’s entry into digital assets. Regulatory oversight changes and new federal legislation propel crypto-bank partnerships, including BNY and Ripple. SoFi plans to re-enter the crypto business. Banks are increasingly interested in entering the crypto realm due to regulatory shifts and familiarity with crypto assets.

Read more at Yahoo Finance: PNC, Coinbase team up on crypto-as-a-service