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BBVA to Offer Bitcoin and Ethereum Trading After Spanish Regulator’s Approval

  • BBVA, the Spanish bank, has received approval from Spain's securities regulator to offer Bitcoin and Ethereum trading on its app.
  • The service will be rolled out in the coming months and initially offered to selected customers, then extended to all private banking clients in Spain.
  • BBVA will utilize cryptographically sealed customer holdings to enhance security and functionality for the end user.
  • The move aligns with the increasing trend of cryptocurrency usage in Europe, as an ECB survey reported that 9% of Spaniards owned digital assets.

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