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T he Union Bank of the Philippines said on Nov. 2 that it had begun a trial program for custody and trading services for Bitcoin BTC $20,290 and Ether ETH $1,547 for a A pilot program for holding and trading select cryptocurrencies has officially been launched in the Union Bank of the Philippines. Subsequently, the landmark decision will The Union Bank of the Philippines, or simply UnionBankone of the largest universal banks in the Philippineshas launched a pilot program for Bitcoin and Ether custody and trading The Union Bank of the Philippines has collaborated with METACO, a Swiss cryptocurrency company, to introduce crypto trading services in Bitcoin (BTC) and Ethereum Concurrently, UnionBank plans to launch its trading services supporting Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies by market capitalization.

Philippines Union Bank Introduces Bitcoin and Ethereum Trading: A Landmark Decision

The Union Bank of the Philippines, or simply UnionBank, one of the largest universal banks in the Philippines, has taken a significant step into the future of finance. UnionBank has launched a pilot program for Bitcoin and Ether custody and trading, marking a pivotal moment for cryptocurrency adoption in the country.

The Union Bank of the Philippines said on Nov. 2 that it had begun a trial program for custody and trading services for Bitcoin BTC $20,290 and Ether ETH $1,547. This initiative demonstrates UnionBank's commitment to providing its customers with innovative and accessible financial solutions. Concurrently, UnionBank plans to launch its trading services supporting Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies by market capitalization.

A pilot program for holding and trading select cryptocurrencies has officially been launched in the Union Bank of the Philippines. Subsequently, the landmark decision will allow select customers to buy and sell Bitcoin and Ethereum directly through the UnionBank platform. The Union Bank of the Philippines has collaborated with METACO, a Swiss cryptocurrency company, to introduce crypto trading services in Bitcoin (BTC) and Ethereum.

This move signals a growing acceptance of digital assets within the traditional banking sector in the Philippines. UnionBank's adoption of Bitcoin and Ethereum trading is expected to pave the way for wider crypto adoption and integration within the Philippine financial landscape. Stay tuned for further updates as UnionBank expands its crypto offerings.

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