Banking group BBVA has launched bitcoin and Ethereum retail trading in Spain

The service complies with the provisions of the EU’s MiCA digital asset markets law

Spanish bank BBVA has launched in-app cryptocurrency trading

07.07.2025 - 15:25

593

2 min

What’s new? Leading Spanish banking group BBVA has launched BTC and ETH trading and storage services for retail customers via its mobile app. The rollout followed an application to the National Securities Market Commission (CNMV) in March 2025, which approved the provision of crypto services to all adult customers in Spain.

Material by Fintech Times

What else is known? Customers can buy, sell, and store crypto assets in BBVA’s existing digital banking environment. The bank has fully integrated the service into its app and does not rely on third-party platforms or custodians, allowing it to maintain direct control over asset custody.

Clients initiate transactions themselves; the bank does not provide investment advice.

“We want to make it easier for our retail customers in Spain to invest in crypto assets, through a simple and easy-to-access digital solution on their cell phone. Our goal is to support them as they explore digital assets, backed by the strength and security of a bank like BBVA,” the bank said.

The service is designed to comply with the provisions of the EU-wide Markets in Crypto-Assets (MiCA) regulation, which sets standards for the provision of crypto services in the bloc’s countries.

BBVA launched trading and custodial crypto services for private clients in Switzerland in 2021, and in 2023 they became available in Turkey through its subsidiary Garanti BBVA.

Turkey’s Finance Ministry will tighten data collection rules for crypto transfers

The ministry will also impose limits on stablecoin transfers

BBVA continues to develop its digital asset business, including cryptocurrencies and stablecoins, as well as tokenized securities available as tokens on the blockchain, according to head of digital assets Francisco Maroto.

Author: