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Spain’s Banking Giant Secures Approval To Offer Bitcoin, Ethereum Trading Services: Best Crypto To Buy?

By Akriti Seth

Last Updated: Mar 10, 2025

Fact checked

By Sam Cooling

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Disclaimer Icon
Disclaimer

Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

Spanish banking giant BBVA has received regulatory approval to offer Bitcoin (BTC) and Ethereum (ETH) trading services to its customers.

According to a Reuters report dated 10 March 2025, BBVA is set to launch a service that will allow its clients to securely purchase, sell, and handle bitcoin and ether transactions via its app.

Authorized by Spain’s financial authority, BBVA’s integration of traditional banking institutions with the digital asset ecosystem is being welcomed by the crypto community.

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Traditional Banking Integrates With Digital Asset Ecosystem

Earlier this year, the bank launched crypto trading services in Turkey through a local subsidiary. It is evident that BBVA’s approach is to tap into markets where demand for digital assets is on the rise.

With this new regulatory green light in Spain, BBVA customers will soon have access to BTC and ETH trading services through the bank’s platform. Furthermore, it may simplify the process of buying, selling, and holding cryptocurrencies for retail and institutional clients alike. 

The timing of this approval is particularly noteworthy as it aligns with MiCA’s implementation across the EU. MiCA provides a unified regulatory framework for cryptocurrencies and related services, ensuring greater transparency, consumer protection, and market stability. 

For BBVA customers, this means engaging with crypto assets under a robust legal structure that minimizes risks associated with fraud and market volatility.

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Best Crypto To Buy?

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Key Takeaways

  • BBVA’s latest move in Spain is part of a broader strategy to integrate cryptocurrencies into its global operations.

  • Earlier this year, the banking giant launched crypto trading services in Turkey through a local subsidiary. This expansion into Turkey reflects BBVA’s proactive approach to tapping into markets where demand for digital assets is on the rise.

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Akriti Seth
Akriti Seth
Editor

Akriti Seth is a Zurich-based Business Journalist and Crypto Editor. Her passion for journalism has taken her across the globe – from thriving as an on-television correspondent to writing engaging articles, she has worked for companies like Informa UK, Bloomberg... Read More

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