#BBVABitcoinGreenlight BBVA, Spain's second-largest bank, has received regulatory approval from the Comisión Nacional del Mercado de Valores (CNMV) to offer Bitcoin (BTC) and Ethereum (ETH) trading services to its customers in Spain. This move marks a significant step in mainstream financial institutions embracing cryptocurrency.

*Key Features of the Service:*

- *Cryptocurrency Trading*: Customers can buy, sell, and manage BTC and ETH directly through BBVA's mobile app.

- *Proprietary Custody Platform*: BBVA will use its own cryptographic key custody platform to maintain full control over client holdings, ensuring security without relying on third-party providers.

- *Gradual Rollout*: The service will initially be available to a select group of users before expanding nationwide over the coming months ¹ ².

*Expansion and Experience:*

- *Previous Experience*: BBVA has offered crypto services in Switzerland since 2021 and in Turkey since January 2025, through its subsidiary Garanti BBVA Kripto.

- *Future Plans*: The bank plans to introduce additional cryptocurrencies, such as Solana, Ripple, and Polkadot, to the Spanish market.

*Impact and Significance:*

- *Institutional Adoption*: BBVA's entry into cryptocurrency trading could positively impact the market by increasing liquidity and fostering greater institutional confidence.

- *Regulatory Compliance*: The move aligns with the European Union's Markets in Crypto-Assets (MiCA) regulation, which aims to create a unified regulatory framework for crypto services across Europe ³ ⁴.