BBVA Gets The Green Light For Trading Bitcoin And Ether In Spain

The banking giant BBVA is finally integrating crypto-assets in Spain. Its clients will soon be able to buy and sell Bitcoin and Ether through its mobile application. A breakthrough that marks a turning point for traditional finance!

BBVA integrates crypto into its banking services

The crypto market is taking a new step with the announcement from BBVA. Spain’s second-largest bank has received approval from the CNMV to offerto its clients. Starting in 2025, it will be possible to buy, sell, and manage bitcoin and Ethereum directly via the bank’s mobile application.

This initiative positions BBVA as a major player in. Unlike other banks (which rely on third-party providers), BBVA will use its own trading platform and cryptographic key custody. This ensures total control of its clients’ crypto-assets!

A gradual deployment after successful tests in Switzerland and Turkey

Before launching its, BBVA first tested digital investment in Switzerland. In this country, crypto regulation is more flexible. Starting in 2021, BBVA’s Swiss branch offered its private clients custody and crypto trading services. These services include:

• bitcoin;
• the Ethereum;
• USDC.

Building on this successful experience, the bank then expanded its offer in Turkey through its subsidiary Garanti BBVA Kripto. This branch launched itsin January 2025.

The integration in Spain thus marks a new phase of expansion for BBVA, which capitalizes on its expertise to adapt to new regulatory requirements.

Initially, only a select group of private clients will have access to crypto-assets through BBVA before a gradual rollout to the entire market. This approach allows the bank to adjust its offerings while complying with!

With this announcement, BBVA confirms that banks can no longer ignore crypto-assets. This marks a new step towards the democratization of blockchain and crypto trading in Europe. This initiative could even encourage other financial institutions to follow suit. This could accelerate the adoption of cryptocurrencies on the continent!

Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.