Crypto-friendly banks are financial institutions that support cryptocurrencies. The banks offer digital asset trading services, enabling users to buy and sell leading cryptocurrencies for traditional fiat currencies, including the U.S. dollar, euro and pound sterling. Most of these banks also provide cryptocurrency wallet services to their customers, allowing them to store and protect their digital assets.

JP Morgan Chase

JPMorgan Chase, one of the world’s largest and most successful banks, has taken a revolutionary step by becoming the first U.S. bank to design its own cryptocurrency (JPM Coin) using blockchain technology for international payments. The bank has also launched an Onyx blockchain-focused unit to drive further adoption of digital assets.

Citigroup

Citigroup, one of the world's largest banks, offers a range of services that allow customers to buy, trade and store cryptocurrencies such as Bitcoin, Ethereum and more. The bank continues to explore new ways to use blockchain technology to provide innovative solutions and products to its clients.

Goldman Sachs

Leading U.S. investment bank Goldman Sachs launched several cryptocurrency-related services such as a Bitcoin trading desk in 2019 and has since been adding more digital asset products to its clients. The bank has also created various infrastructure tools for blockchain-based transactions, making it a leader in crypto-friendly banking.

Barclays

British multinational banking and financial services company Barclays has been involved in cryptocurrencies since 2017, when it became the first major European bank to accept Bitcoin payments. The bank also launched a blockchain platform to enable customers to conduct transactions more securely and faster.

Standard Chartered Bank

Standard Chartered Bank, another British multinational banking and financial services company, offers customers the opportunity to buy, sell, store and convert various digital assets such as Bitcoin. The bank also offers an integrated platform that helps businesses securely manage digital currencies alongside traditional accounts.

UBS Group AG

Swiss multinational investment bank and financial services company UBS Group AG is actively exploring ways to use blockchain technology for its banking services. The bank has launched various initiatives such as the UBS Cryptocurrency Trading Desk to facilitate digital asset trading and secure transactions.

AT

ING, a Dutch global financial institution headquartered in Amsterdam, developed ING Coin to help its customers securely purchase goods and services using digital currencies. The bank also offers a platform that allows businesses to transfer money without the need for traditional banking services.

HSBC

HSBC, one of the world's largest banks, has been involved in cryptocurrencies since 2017, when it became the first European bank to accept Bitcoin payments. The bank has since developed a platform that allows customers to trade and transact digital assets more securely.

BNP Paribas

BNP Paribas is a French multinational banking and financial services company that provides an integrated platform that enables customers to buy, sell, store and convert various cryptocurrencies such as Bitcoin. The bank also helps businesses use blockchain technology for secure and fast transactions.

Wells Fargo

Wells Fargo, one of the largest banks in the United States, has been actively exploring blockchain technology for its banking services. The bank is also looking into how to use cryptocurrencies as an investment option for its clients by creating a digital asset platform to trade digital assets such as Bitcoin.

Note: All content represents the author’s personal views only and is not investment advice, nor should it be construed in any way as tax, accounting, legal, business, financial or regulatory advice. Before making any investment decision, you should seek independent legal and financial advice, including advice regarding tax consequences.