The Swiss banking sector is making headlines with the announcement of cryptocurrency services. The Lucerne Cantonal Bank (LUKB) made the first move by announcing a crypto offering for early 2024. This week, the Zuger Kantonalbank (ZugerKB) has taken the spotlight by offering immediate trading and custody services for six selected cryptocurrencies. This was made possible through partnerships with similar providers as the LUKB. It is only a matter of time before other Swiss retail banks join the trend. The PostFinance is expected to enter the market in the spring of 2024.

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Information	Details
Geography	Europe
Countries	🇨🇭
Sentiment	positive
Relevance Score	8
People	None
Companies	PostFinance, ZugerKB, Luzerner Kantonalbank (LUKB)
Currencies	None
Securities	None