Banco Bilbao Vizcaya Argentaria (BBVA), Spain's second largest bank, has received approval from the Spanish financial regulator to offer trading in bitcoin (BTC) and ether (ETH) to its clients. This approval follows the implementation of the Markets in Crypto-Assets (MiCA) regulation across the European Union, marking the end of a multi-year effort by BBVA to introduce crypto trading services. The bank had originally planned to launch these services in Switzerland, where a favorable regulatory framework existed, but has now received the go-ahead in Spain. BBVA previously initiated crypto trading services in Turkey in January 2025 and is not alone among European banks venturing into the cryptocurrency space, with other institutions like Deutsche Bank and Société Générale also providing crypto-related services. This development is a significant step for BBVA, expanding its offerings to include exposure to digital assets for its clients.

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