Santander's digital bank, Openbank, has introduced a cryptocurrency trading service for its Spanish customers, entering into direct competition with BBVA. The service adheres to the EU's Markets in Crypto-Assets (MiCA) regulations, enabling users to buy and hold cryptocurrencies such as Bitcoin and Ethereum. This move comes in response to increasing retail demand, driven by Bitcoin's recent record highs and political uncertainty in the U.S. Openbank also plans to expand its token offerings and introduce crypto-to-crypto exchange services in the near future.