BBVA, in collaboration with SGX FX, has introduced Europe's first MiCA-compliant retail crypto trading service, enabling Spanish clients to trade Bitcoin and Ether through BBVA's banking app. This initiative represents a significant regulatory advancement in the integration of cryptocurrency within mainstream European banking.
The service, compliant with the EU's Markets in Crypto-Assets (MiCA) regulations, provides a secure and direct method for customers to engage with digital assets. BBVA serves as the banking partner, while SGX FX offers backend support. Previously, BBVA launched similar services in Switzerland and Türkiye, focusing on limited retail access to Bitcoin and Ether. Gonzalo Rodríguez, Head of Retail Banking Spain at BBVA, emphasized the goal of offering a secure and accessible solution for customers exploring digital assets.
BBVA Launches MiCA-Compliant Crypto Trading in Europe
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