๐ฆ๐ง๐ช Belgian Banking Giant Enters Crypto!
KBC, one of Belgiumโs top financial institutions, is gearing up to launch Bitcoin (BTC) and Ethereum (ETH) trading for retail clients through its investment platform Bolero this fall ๐๐. This marks the first time a major Belgian bank officially steps into the crypto game! ๐ฅ
๐ป Buy BTC & ETH Directly Through KBC
KBC is currently navigating the regulatory process to become an officially recognized crypto asset service provider ๐งพ. The bank expects full approval by fall, after which customers will be able to buy BTC and ETH directly from the Bolero platform โ fully backed by KBCโs security, legal standards, and client education focus ๐๐โ๏ธ.
The bank emphasized that investor safety and compliance will be top priorities, along with tools to help users understand the crypto world better ๐๐ก
๐ฅ A First for Belgian Banks
Until now, Belgian crypto investors had to rely on international platforms like Binance, Coinbase, and OKX ๐, or digital banks such as Revolut and N26. But with this move, KBC becomes the first major Belgian bank to take a clear step into the crypto space ๐ช๐ฅ.
Other banks in Belgium are still sitting on the sidelines:
๐ธ Belfius is exploring possibilities via its platform Re=bel ๐ง
๐ธ ING Belgium is analyzing the market โvery carefullyโ
๐ธ BNP Paribas Fortis has no crypto plans for now โ
๐ Europeโs Crypto Momentum is Growing
Big European banks have traditionally avoided crypto due to regulation worries, money laundering risks, and volatility ๐ฌ. But thanks to the EUโs MiCA (Markets in Crypto-Assets) framework, things are changing. MiCA simplifies the process for banks to enter the digital asset space without needing tons of new licenses โ ๐
Germany is also making moves
๐ฑ Regional banks (Sparkassen) will allow crypto trading through mobile apps starting in 2026 #BTC #bitcoin