{"id":87263,"date":"2023-11-20T14:48:40","date_gmt":"2023-11-20T12:48:40","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=87263"},"modified":"2025-09-13T10:41:57","modified_gmt":"2025-09-13T07:41:57","slug":"santander-offers-cryptocurrency-trading-to-swiss-clients","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/santander-offers-cryptocurrency-trading-to-swiss-clients\/","title":{"rendered":"Santander offers cryptocurrency trading to Swiss clients"},"content":{"rendered":"<p>The Swiss-based private-banking arm of the Spanish bank Santander has opened the opportunity for 210,000 high-net-worth clients to trade and store Bitcoin and Ethereum. The news is reported by <a href=\\\"https:\/\/www.coindesk.com\/business\/2023\/11\/20\/santander-private-bank-introduces-bitcoin-ethereum-trading-for-swiss-clients\/?utm_campaign=coindesk_main&#038;utm_source=twitter&#038;utm_content=editorial&#038;utm_medium=social&#038;utm_term=organic\\\">CoinDesk<\/a>, citing internal documents.<\/p>\n<p>Over the next several months, the platform will expand the list of available instruments to meet certain criteria.<\/p>\n<p>The service is available on request.<\/p>\n<p>The bank stores clients&#8217; private keys in a secure environment under a regulated custodial model.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>Holding cryptocurrencies as an alternative asset class continues to expand. We expect our clients to entrust their storage to the institution,<\/em> said John Ullian, head of Santander&#8217;s digital assets division.<\/p>\n<\/blockquote>\n<p>As reported in March 2023, amid<a href=\"https:\/\/forklog.com\/en\/news\/venture-capital-investors-distance-themselves-from-silicon-valley-bank-amid-liquidity-concerns\"> the US banking crisis<\/a>, Santander remained among those who<a href=\"https:\/\/forklog.com\/en\/news\/hsbc-santander-and-others-still-willing-to-work-with-cryptocurrencies\"> did not withdraw from dealing with crypto companies<\/a>.<\/p>\n<p>In 2022, the institution<a href=\"https:\/\/forklog.com\/en\/news\/santander-to-offer-cryptocurrency-trading-to-residents-of-brazil\">\u2019s Brazilian arm<\/a> offered the digital asset trading service to local clients.<\/p>\n<p>In March of the same year, Santander<a href=\"https:\/\/forklog.com\/en\/news\/santander-to-begin-issuing-loans-secured-by-tokenized-agricultural-commodities\"> launched<\/a> in Argentina a lending program for local farmers based on tokenized agricultural commodities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Swiss-based private-banking arm of the Spanish bank Santander has opened the option for 210,000 high-net-worth clients to trade and store Bitcoin and Ethereum.<\/p>\n","protected":false},"author":1,"featured_media":87264,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1229,18,46,2205,468],"class_list":["post-87263","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-banks-and-fintech","tag-bitcoin","tag-ethereum","tag-santander","tag-switzerland"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/87263","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=87263"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/87263\/revisions"}],"predecessor-version":[{"id":87265,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/87263\/revisions\/87265"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/87264"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=87263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=87263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=87263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}