Banco Bilbao Vizcaya Argentaria(BBVA) a Spanish Bank with more than 1,800 branches also known as Spain’s second-largest bank, on the 10th of March 2025 announced its greenlight to offer BTC and ETH trading. This will be a bright light for its clients to securely buy, sell, and handle Bitcoin and Ether via its app.
However, it was revealed that the bank has been working on allowing crypto trading services since 2020.. As reported by CoinDesk (BBVA planned to dip its toes in the sector, pending regulatory approval).
Suddenly BBVA finally has emerged with an approval from the country’s financial regulator. This approval became a success as the Markets in Crypto Assets (MiCA) regulation took effect across the European Union. Additionally, this approval exposes its clients to digital Assets. Furthermore, this Advancement positions BBVA as a trailblazer among European banks, capitalizing on the increasing demand for crypto-related services. With Bitcoin (BTC) trading at approximately $82,808 and Ethereum (ETH) at $2,118.
This new Advancement will:
- Clients will be exposed to Digital Assets.
- Clients will securely buy, sell, and handle BITCOINÐEREUM via its app.
Finally, BBVA which launched crypto trading in Turkey in January, is not the first European bank to enter the market. Deutsche Bank and Société Générale also offering crypto-related services, but its Market share has currently risen to 3%.
