BBVACrypto

What has happened in Crypto?

BBVA, the second most important banking entity in Spain, has obtained authorization from the Spanish financial regulator to provide its clients with buying and selling services of #Bitcoin $BTC and #Ethereum $ETH

This advancement adds to the expansion of its services in the field of crypto assets, as previously, in January, its Turkish cryptocurrency custody platform, Garanti BBVA Kripto, also enabled the trading of cryptocurrencies for the public.
#BinanceTraderSmarter #BNB #BBVACrypto

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Good Deeds are always Appreciated!
We thank again $XRP and BBVA For this International Relations!

Back in 2017, BBVA announced that it had completed the very first implementation of an international money transfer between Spain and Mexico with the help of Ripple's technology

👉Spanish banking behemoth BBVA has obtained regulatory approval to offer crypto to retail investors in the world's 14th biggest economy.

👉This is far from being the first foray into crypto for the second-largest Spanish bank after Banco Santander. #BBVACrypto #Thanks

BBVA Expands Crypto Services with Bitcoin and Ethereum Trading in Spain

In a groundbreaking move for traditional banking, Spain’s second-largest bank, Banco Bilbao Vizcaya Argentaria (BBVA), has officially launched Bitcoin (BTC) and Ethereum (ETH) trading services for its customers in Spain. Announced on March 10, 2025, this initiative marks a significant step in bridging the gap between conventional finance and the rapidly evolving world of cryptocurrencies. BBVA’s new service, accessible via its mobile banking app, allows clients to buy, sell, and manage BTC and ETH transactions seamlessly, reinforcing the bank’s position as a pioneer in digital finance.

The rollout follows BBVA’s compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulation and approval from the Spanish Securities and Exchange Commission (CNMV). Initially, the service will be available to a select group of users, with plans to extend it to all private customers in Spain over the coming months. Unlike many crypto platforms, BBVA emphasizes security by managing its own cryptographic key custody platform, eliminating reliance on third-party providers to safeguard clients’ digital assets.

BBVA is no stranger to the crypto space, having offered similar services in Switzerland since 2021 and in Türkiye since 2023. However, this expansion into Spain signals a broader trend of European banks embracing digital currencies amid growing regulatory clarity. Alongside peers like Germany’s Deutsche Bank and France’s Société Générale, BBVA is paving the way for mainstream crypto adoption in Europe.

This move could reshape Spain’s financial landscape, potentially encouraging other banks to follow suit and boosting the country’s reputation as a fintech hub. As customer interest in digital assets surges, BBVA’s integration of BTC and ETH trading highlights the unstoppable convergence of traditional banking and blockchain technology.

#BBVACrypto #MiCARegulation #DigitalFinance #BlockchainAdoption #MarketPullback