Spain’s BBVA to Launch Bitcoin and Ethereum Trading for Private Banking Clients

The bank has secured regulatory approval to offer cryptocurrency trading, initially targeting private banking customers in Spain.

Banco Bilbao Vizcaya Argentaria (BBVA), Spain's second-largest bank, will enable private banking clients to trade Bitcoin and Ethereum via its app.
The service will first be available to a small group of users and gradually expand to all private banking customers in Spain.
BBVA received approval from Spain’s securities regulator, CNMV, following compliance with the EU's Markets in Crypto-Assets Regulation (MiCA).
The bank has previously launched similar cryptocurrency services in Switzerland and Turkey, also limited to private banking clients.
BBVA’s move reflects a growing trend among European banks to integrate cryptocurrency services, supported by clearer regulatory frameworks like MiCA.