BBVA SA plans to offer retail clients in Spain access to cryptocurrencies, after receiving regulatory approval from market supervisor CNMV to provide custody and execution services for such assets.

Spanish bank BBVA has said it received approval from the country's securities regulator to offer Bitcoin and Ether trading services in Spain.

In a new announcement, Banco Bilbao Vizcaya Argentaria (BBVA) says it has obtained the necessary approvals from the country’s securities regulator, the National Securities Market Commission (CNMV), to offer its customers trading services for the top two digital assets by market cap.

Spanish bank BBVA said on Monday it received approval from the country's securities regulator to offer bitcoin and ether trading services in Spain.

BBVA has received the green light from the Spanish Securities and Exchange Commission (CNMV) to provide custody and execution services for cryptoassets trading orders in Spain. After completing this formality,

The service will eventually be available to all customers of the 150-year-old bank, which is among Europe’s largest.

BBVA gains approval in Spain for Bitcoin and Ethereum trading, ensuring MiCA compliance, enhancing security, and expanding crypto services.

Spanish bank BBVA has received regulatory approval to offer Bitcoin and Ethereum trading to clients as the EU's MiCA regulation takes full effect.