BBVA Gains Approval to Offer Bitcoin and Ethereum Trading in Spain

Spain’s BBVA has received regulatory approval to offer Bitcoin (BTC) and Ether (ETH) trading, aligning with the EU’s MiCA regulations, according to Reuters. This marks the end of a multi-year effort to expand into digital assets. Initially, BBVA planned to launch crypto services in Switzerland due to its clear regulations. The bank also introduced crypto trading in Turkey in January. Other European banks, including Deutsche Bank and Société Générale, have also expanded into blockchain and crypto services.