Philippines's UnionBank Adds Support For Crypto Transaction With New App

While OTC crypto trading has been available for quite some time, Goldman Sachs, a major US bank, becomes the first bank to trade an over-the-counter crypto transaction. 

However, the Philippines’ UnionBank, one of the largest banks, announced the launch of a crypto service for its clients. The announcement has made them the first bank to do so.

According to the Bank, it will allow its customers to buy and sell bitcoin, ether, and other virtual digital assets. Though, the App is available to randomly selected users. 


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