
Spanish Banking Giant BBVA to Launch Bitcoin and Ethereum Trading
In a significant move, leading Spanish banking group BBVA has announced that it will be launching trading in Bitcoin and Ethereum for its retail customers in Spain. This development marks a major expansion of the bank’s digital assets strategy.
As of now, BBVA is enabling its Spanish retail customers to buy, sell, and store both Bitcoin and Ethereum directly through its mobile app. This new service is fully integrated, self-managed, and operates under EU MiCA regulations using BBVA’s in-house custody system.
This move signifies a significant shift from the bank’s earlier focus on offering digital assets services only to high-net-worth individuals. By expanding this offering to retail customers, BBVA aims to make it easier for everyday individuals to invest in cryptocurrencies directly from their mobile devices.
The new service has been made possible after BBVA completed a regulatory filing with Spain’s National Securities Market Commission (CNMV) back in March 2025. With the approval now received, the trading service is open to all customers of legal age in Spain.
BBVA’s head of retail banking in Spain, Gonzalo Rodríguez, emphasized that the new service is designed to make access to crypto simple and secure for its clients. He noted that the move aligns with BBVA’s commitment to innovation and embracing the growth of digital assets.
The bank has taken a unique approach by building the trading service into its existing mobile banking system, eliminating the need for customers to interact with third-party platforms. This means users can buy, sell, and store their cryptocurrencies without any intermediaries.
In a related development, BBVA has also confirmed that it is exploring other digital assets, including tokenized versions of traditional financial products such as bonds and funds.
Source: www.crypto-news-flash.com