The Spanish bank provides access to Bitcoin 24/7

BBVA, the second largest bank in Spain, has become the first domestic financial institution to integrate Bitcoin and Ether into its mainstream mobile banking platform. Starting from October 2, retail investors can trade and custody cryptocurrencies 24/7 directly on the bank's app, using infrastructure similar to foreign exchange, ensuring a familiar and compliant environment.

This move has been approved by the CNMV, marking one of the first practical applications of the MiCA regulatory framework in the EU. Analysts believe that this event could impact other European banks, which remain cautious about retail investor cryptocurrency services.

According to Mr. Luis Martins, Global Macro Trading Director at BBVA, the demand for digital assets is rising sharply and customers want to access them through a reputable system. The technology solution from SGX FX Singapore supports pricing, risk management, helping to reduce the barriers to integrating cryptocurrency for banks.