BBVA has launched Bitcoin trading and custody services for retail customers in Spain, enabling those of legal age to buy, sell, and hold Bitcoin via the BBVA mobile app. The launch follows regulatory approval under the EU's MiCA framework. BBVA will not provide investment advice, and access to crypto assets will only happen at the initiative of customers. The bank employs its own secure key infrastructure for custody services, maintaining control over customer assets. This service expands BBVA's digital assets offerings launched in Switzerland and Turkey previously.
BBVA, the second-largest bank in Spain, has officially launched Bitcoin trading and custody services for all retail customers in country, allowing customers of legal age to buy, sell, and hold Bitcoin and crypto.
BBVA's Bitcoin and crypto custody is managed in-house using its own secure cryptographic key infrastructure, eliminating reliance on third parties and allowing the bank to maintain full control over safeguarding customer assets.
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