BBVA, a major European bank, has launched 24/7 retail crypto trading for Bitcoin and Ethereum, marking a first in Europe, compliant with EU MiCA regulations.
This strategic shift could pave the way for increased retail investor participation in regulated crypto trading, potentially influencing market dynamics and prompting further financial institution entries.
BBVA has become the first European bank to offer 24/7 retail crypto trading. The launch, effective October 2, 2025, allows direct Bitcoin and Ethereum services, leveraging SGX FX's platform to ensure compliance.
BBVA, a major European bank, and SGX FX, a Singapore-based fintech, have collaborated for this initiative. Retail customers can now trade Bitcoin and Ethereum round‑the‑clock, transforming accessibility within European banking. Understanding Digital Coins and Their Blockchain Impact
The initiative impacts financial markets as traditional banking meets digital currencies, potentially prompting other banks to follow. SGX FX's platform integration ensures secure handling akin to forex and risk management protocols.
Luis Martins, BBVA Global Head, articulated digital assets' integration into global finance, aiming to cater to customer demand through robust systems. This regulatory breakthrough offers significant potential for user growth in Europe's crypto retail sector.
Digital assets are rapidly becoming an integral part of the global finance system. Naturally, our customers want to be able to trade these assets using the same trusted system." - Luis Martins, Global Head of Macro Trading, BBVA
BBVA's decision could prompt new fiat inflows into crypto assets, impacting traditional banking channels. Such moves align with BBVA's strategies, seeking gradual adoption and regulatory compliance within the EU's new digital frameworks.
The partnership boosts credibility in digital asset handling, following BBVA Switzerland's earlier success with crypto services for private clients. European regulatory conditions now allow broader access, potentially influencing technological and institutional adaptations across local markets.
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