- Swiss Postbank wants to introduce cryptocurrencies in the next 2 years.
- 2.6 Million customers could get instant access to Bitcoin & Co. as a result.
- Switzerland continues to establish itself as an important player in the crypto industry.
Swiss Post, through its own financial service provider PostFinance, intends to include cryptocurrencies in its range of services in the future, with which the Alpine Republic once again underlines the openness of the DACH region to the innovative asset class.
According to its own data, PostFinance is the fifth largest bank in the country, and its 2.6 million customers are expected to benefit from Bitcoin (BTC) and other cryptocurrencies within the next two years.
As the Swiss news agency Swissinfo reports, the Management Board of “Postbank” wants to give its customers direct access to the crypto markets via the company’s own trading service by 2024 at the latest.
in 2021, the Swiss Post financial services provider had already teamed up with the Swissquote trading platform to develop the Yuh smartphone app, through which users can trade both stocks and some cryptocurrencies.
While at least tech-savvy users are already taking advantage of this opportunity, Swiss Post wants to make cryptocurrencies easily accessible to the general public in Switzerland with the new offer.
Cointelegraph has reached out to PostFinance for comment, but has not yet received any feedback by the editorial deadline.
With this project, Switzerland is taking the next big step towards crypto. Most recently, the city of Lugano had announced the introduction of the cryptocurrencies Bitcoin and Tether (USDT) or the city token LVGA as a means of payment.
