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BBVA secures CNMV approval for crypto custody and trading in Spain
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BBVA isn’t the first European bank to enter crypto, with Germany's Deutsche Bank developing an Ethereum rollup with ZKsync and offering custody with Taurus, while Société Générale’s SG-FORGE is launching a euro stablecoin on the XRP Ledger, CoinDesk previously reported.
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Spanish financial giant Banco Bilbao Vizcaya Argentaria (BBVA) has received approval from Spain's financial regulator to offer bitcoin and ether trading to its clients, as the Markets in Crypto-Assets regulation takes effect across the European Union.
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