Investing in Web 3.0: Santander Offers Bitcoin and ETH Trading for Swiss Account Holders

Exploring the Possibilities of Web 3.0 Banking

Banco Santander’s international arm has recently made it possible for clients with Swiss accounts to invest and trade in Bitcoin (BTC) and Ether (ETH). According to Coindesk, which accessed a leaked internal communication, high-net-worth individuals of Santander Private Banking International will have access to these services. Santander has yet to comment on the development.

Santander’s foray into the world of crypto trading will start with BTC and ETH, with other cryptocurrencies being added after the bank has cleared its screening criteria. Customers will be able to request trading services through their relationship managers, with the bank securely holding the private cryptographic keys of the tradable assets.

The introduction of web 3.0 banking services by Santander is part of a larger trend in the industry, with more and more people looking to invest in web 3.0. It is important to understand the potential of web 3.0, and how it can be used for digital marketing, application development, and more. By learning more about web 3.0 development and how to invest in it, one can make more informed decisions about the future of web 3.0.

Investing in Web 3.0: Commerzbank’s Crypto Custody License

Commerzbank recently became the first “full-service” German bank to be granted a crypto custody license under the legal framework of the German Banking Act. This license allows the bank to offer custody of crypto assets and “further digital asset services” in the future.

Jörg Oliveri del Castillo-Schulz, chief operating officer of Commerzbank, stated that this license highlights the bank’s commitment to applying the latest web 3.0 technologies and innovations, and that it forms the foundation for supporting their customers in the areas of digital assets.

The bank is currently in the process of establishing a secure and reliable platform that is compliant with local regulations, so that customers can begin to invest in web 3.0 technologies such as digital marketing, application development, and more.