Banking institutions are made for the money management and now with technology things are evolving where these banks are not just an institute for depositing the money rather they are providing a bunch of other services to their customers. Undoubtedly we can't ignore the utility for the banking system despite the fact that we are moving towards the decentralized environment what is still the need for the banking system is critical.
This is a big news that PNC bank has started trading on the Bitcoin directly through their platform and currently it is available only for the banking clients how ever maybe in future they will expand the accessibility were not just the banks but many other users have the option to trade Bitcoin through the banking tools.
PNC Bank is now offering direct bitcoin (BTC) trading to its private banking clients, becoming the first major U.S. bank to embed spot bitcoin access inside its digital banking platform.
If a bank take this kind of initiative then it is clear that the potential is amazing with this asset class and it might take some time to realize for many other countries and government but sooner later they will understand that how will you will this asset is going to be.
I just home that this example is followed by many other banks in different countries and if more banks come forward to start such offering to their clients where they are client can be able to trade on Crypto coins using the banking system then I think it is going to be massive change and development in market.
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