Crypto firm Coinbase has now added bitcoin trading across PNC’s services as part of a deepening of the strategic partnership formed between the two companies earlier in July, according to an official press release. Coinbase posted about the integration on X.
Source: X.com
The announcement was made on December 9th, 2025.
The official statement says that PNC’s clients from its private banking arm can now buy, sell, and trade bitcoin currency alongside maintaining their actual savings deposits and bank accounts.
At the time of writing, PNC shares were trading at $202.15, up by 2.28%. According to MX Technologies, PNC Bank is the 7th largest U.S.-based bank with $598.5 million in total assets.
Multiple banks in the U.S. are loosening their approach to cryptocurrency, and this current update adds a new bank to the list. Financial institutions such as J.P. Morgan, Morgan Stanley, Citigroup, and are now shifting their policy, adding cryptocurrency offerings.
The movement—if not in action, then at least in name—is in response to the pro-crypto wave running through the economy, with a digital assets-friendly framework being advanced by the current U.S. administration.
Peter Schiff has criticized U.S. President Donald Trump, who has encouraged a pro-crypto environment in the country, calling him a “salesman” and a “promoter”.