Spanish bank giant BBVA, Bitcoin with approval from the Spanish securities regulator $82,275.12 And Ether is preparing to offer operation services to its users. The service will be opened to a limited number of customers in the first stage and will be expanded to all private customers over time. BBVA will integrate crypto money purchase and sale and management transactions through mobile application. This step reveals the interest of traditional financial institutions to the crypto money market with the entry into force of Mica regulations in Europe.
Details of BBVA’s crypto currency service
BBVA will guarantee crypto money transactions with its own cryptographic key protection system. The system will ensure that customer assets are managed without the intervention of third parties. According to the bank’s statement, users will be able to manage their assets with full control.
BBVA’s experience in crypto currency began with private banking services in Switzerland. Firstly, Bitcoin holding and processing the bank, then added assets such as Ether and USDC. Garanti BBVA Crypto, the subsidiary in Türkiye, launched public service services in January 2025. This enlargement increases the influence of the bank in the global crypto currency market.
On a single screen instant prices, important data, news, latest developments, comments and discussions at Chat! Come right away from your eyes!
Crypto money arrangements in Europe
Mica arrangements brought by the European Union for the crypto money market shape BBVA’s services. Mica requires the compliance of crypto currency service providers to certain standards. Traditional financial institutions accelerate license applications to adapt to these regulations.
Companies such as Hidden Road, Standard Chartered and Boerse Stuttgart Digital Custody are in the process of compliance with crypto currency platforms such as Okx and Crypto.com. The transition period in Europe has led to an increase in applications from different countries. Experts foresee that the regulations will become more reliable for corporate investors of the crypto currency market.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
