BBVA’s introduction of Bitcoin trading and custody services for retail customers represents a significant advancement in regulated digital asset offerings in Europe, complying with EU standards.
BBVA has officially launched Bitcoin trading and custody services for all retail customers in Spain, now available via its mobile app. This initiative follows regulatory approval from the National Securities Market Commission (CNMV) under the EU’s MiCA framework, allowing customers to autonomously manage their crypto investments. The bank aims to simplify access to digital assets, building on its previous successes in Switzerland and Turkey. Approximately 9% of Spaniards currently own crypto, highlighting growing adoption despite stringent tax regulations.