Following official approval, BBVA will start trading Bitcoin and Ether in Spain
BBVA has received regulatory approval to provide Ether and Bitcoin trading services in Spain. This move strengthens the bank’s position in the crypto market, allowing investors greater access to digital assets under a regulated framework.
Starting with its Swiss subsidiary providing Bitcoin custody and trading tools in 2021, this project represents a major turning point in BBVA’s bitcoin path. Later on, the bank expanded to Turkey and unveiled its digital asset services in early 2025. Now that Spain is joining the fold, BBVA is extending more crypto products in line with changing European rules.
A client-phased rollout
Beginning with a small set of users, BBVA intends to launch crypto trading in phases, progressively opening access to all private banking customers all throughout Spain. Through the bank’s mobile app, consumers will be able to easily purchase, sell, and manage their digital assets, merging bitcoin management with conventional banking offerings.
strengthened compliance and security
BBVA will apply its exclusive cryptographic key custody system to guarantee the best degree of security. With this arrangement, the bank may maintain total control over client assets without depending on other service providers. BBVA will also follow the European structure meant to improve investor protection and openness in the crypto market, the Markets in Crypto-Assets Regulation (MiCA).
A Developing Pattern in Conventional Banking
The decision by BBVA comes at a period when conventional banking institutions are progressively adopting digital assets. European banks are sprinting to get MiCA licenses so they might include cryptocurrencies in their products. Entering Spain’s crypto sector now, BBVA follows other big European financial institutions that have already started providing digital asset services to their consumers.
BBVA’s most recent action upholds its dedication to financial sector innovation as rules change. The bank wants to give consumers more investment possibilities by linking conventional banking with the digital asset economy, thereby guaranteeing security and compliance in an always-evolving financial environment.
