#TrumpTariffs BBVA launched its buying, selling, and custody service for Bitcoin and Ether in Spain

BBVA now allows its individual clients in Spain to buy, sell, and store Bitcoin and Ether directly from its mobile app. The entity expanded its commitment to digital assets under the new MiCA regulation.

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The BBVA bank has activated its new buying, selling, and custody service for crypto assets in Spain, allowing all of its adult individual clients to buy, sell, and store Bitcoin and Ether directly from its mobile application, according to what was published by the institution on its official website.

They reported that the initiative, which has been gradually rolled out over the past few weeks, is now fully operational for its entire base of individual users.

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According to the details provided, this launch represents another step in the bank's digitalization strategy, which would be offering this functionality fully integrated with the rest of its financial services within its app. The operation, which they claim is in line with the European Regulation on Crypto Asset Markets (MiCA), would comply with the new European regulatory requirements regarding the issuance and provision of services on digital assets, they added.

Although the service is offered without financial advice — and always at the client's initiative, as explained — the entity emphasized that its goal is to provide a simple and secure experience. “We want to make it easier for our individual clients in Spain to invest in crypto assets with a simple offer that is easily accessible from mobile, in a 100% digital way,” said Gonzalo Rodríguez, head of Retail Banking in Spain.