Banco Santander Offers Bitcoin & Ethereum Trading In Switzerland

Santander bank will let wealthy domestic account holders of Switzerland trade Bitcoin, Ethereum through digital wallets.

Financial service giant and retail bank Banco Santander announced that they will offer Bitcoin and Ethereum trading options to Switzerland account holders. The trading option is for high-wealth Swiss accounts and within a given criteria.

The services will be given to clients whosoever opt it through Relationship Manager. Adding more to it, the assets will be locked in a regulated custody model. The model will hold the private cryptographic keys of customers which will add another layer of security to it.

Technical Analysist

Price Momentum
SAN is trading in the middle of its 52-week range and above its 200-day simple moving average.

What does this mean?
Investors are still evaluating the share price, but the stock still appears to have some upward momentum. This is a positive sign for the stock's future value.