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Spanish Banking Giant BBVA to Launch Bitcoin and Ethereum Trading
BBVA, a leading Spanish banking group, has announced the launch of Bitcoin and Ethereum trading services for its retail customers in Spain. The development marks a significant expansion of the bank’s digital asset offerings and a major milestone in its commitment to innovation.
In a move that is expected to revolutionize the financial landscape in Spain, BBVA has integrated Bitcoin and Ethereum trading capabilities into its mobile app, allowing users to buy, sell, and store these cryptocurrencies directly within the platform. This innovative feature ensures seamless transactions while providing customers with complete control over their digital assets.
The new service comes after months of regulatory approvals, with BBVA successfully completing a filing with Spain’s National Securities Market Commission (CNMV) in March 2025. As a result, the service is now accessible to all eligible customers in the country.
“We are thrilled to bring this innovative feature to our Spanish retail clients,” said Gonzalo RodrÃguez, Head of Retail Banking at BBVA. “Our goal is to make access to crypto simple and secure, providing customers with the opportunity to explore digital assets with the confidence that comes from working with a well-established financial institution.”
The new service is built upon BBVA’s existing mobile banking system, eliminating the need for third-party platforms. This move reflects the bank’s commitment to innovation and its dedication to aligning with EU regulations.
As part of this launch, BBVA has developed an in-house custody system that ensures secure storage of customers’ assets. The institution emphasized that it will not provide investment advice, instead allowing users to make their own informed decisions about their digital assets.
This significant move marks a major expansion of the bank’s digital asset offerings and demonstrates its willingness to adapt to emerging market trends.
Source: www.crypto-news-flash.com
