Santander Private Banking International diversifies into crypto trading for high net worth clients
Santander Private Banking International, a division of Banco Santander, is now offering its wealthy clients the opportunity to trade and invest in prominent cryptocurrencies like Bitcoin and Ether, marking a significant shift in the bank’s approach to digital asset management. Santander Private Banking International, an arm of Banco Santander, is now offering its high net worth clients the opportunity to trade and invest in major crypto currencies such as Bitcoin (BTC) and Ether (ETH). This move, detailed in an internal announcement obtained by CoinDesk, represents a significant shift in the bank’s approach to digital assets. Santander, a bank with a rich history spanning over 160 years and serving 166 million customers, will not stop at offering just BTC and ETH. Over the coming months, it plans to extend its cryptocurrency offerings, adhering to stringent screening criteria to ensure quality and security. This development is particularly noteworthy given the cautious...