Cecabank is pursuing MiCA passporting to extend its regulated crypto custody services from Luxembourg into Ireland and Portugal in 2026. The Spanish B2B custodian reportedly became the first Spanish institution of its kind to obtain a MiCA license in 2025, although that authorization does not automatically cover other European markets. Its commercial crypto custody service launched in May 2026. Cecabank provides banks and financial institutions with infrastructure for holding crypto assets, executing orders and making transfers without developing their own systems. Its strategy also includes a Luxembourg-based DLT network for regulated institutions and participation in a 37-bank consortium developing a 1:1 euro-backed stablecoin for onchain payments and settlement. The stablecoin project is awaiting authorization from the Dutch central bank and targets a commercial launch in the second half of 2026. Cecabank also took part in Spain's first interbank tokenized-deposit trial in July 2026. The bank says finalizing its MiCA passporting process is the next operational priority for serving institutions in Luxembourg.