BBVA has received approval from Spain’s CNMV to offer Bitcoin and Ether trading services.
The bank allows customers in Spain to buy, sell, and manage cryptocurrencies through its mobile app.
BBVA will use its in-house cryptographic custody system to ensure full control over customer assets without third-party involvement.
BBVA's expansion aligns with Europe's growing demand for institutional crypto services, aiming to provide regulated and secure access to Bitcoin and Ether.