Major Swiss based bank launches Cryptocurreny services!

[JohnSeed]

I just came across this article Major Swiss Banking Firm Julius Baer Launches Services for Cryptocurrencies which describe the following:

Major Swiss private banking and wealth management group Julius Baer has launched a digital assets trading and custodial service via a partnership with regulated crypto-specialist Seba.

The firm sees an increasing demand for crypto services.

Do you believe this is the beginning where high street banks start offering crypto services to their customers or are we still far away from that?

 

[countryfree]

It's only normal.
In many Swiss banks, you can buy or sell foreign currencies and gold, so extending the business to bitcoin seems natural to me.

 

[JohnLocke]

Switzerland has been a first mover in crypto so I'm not suprised that their banks follow that trend. It's indeed good news.

 

[Elve]

Swissquote already accepts deposits from exchanges as bitstamp, coinbase, kraken

https://en.swissquote.com/online-trading/markets-and-products/products/cryptocurrency-trading?