The second largest bank in Spain plans to offer Bitcoin trading services (BTC) and ETAREUM (ETH).
In a new advertisement, Banco Bilbao Vizcaya Argentaria (BBVA) He says She obtained the necessary approvals from the country’s securities organizer, the National Securities Market Committee (CNMV), to provide the services of trading its customers for their higher digital definitions according to the maximum market.
Services will start in stages in the coming months.
BBVA says,
“The bank has been appointed to launch a new service, which can be accessed for all its customers, enabling them to buy, sell and manage Bitcoin and Ethereum transactions safely through its application. Initially, the service will be offered to a small group of users and gradually extends to all customers in Spain in the coming months. This initiative depends on the bank’s experience in Switzerland and Turkey, where similar services have been provided since 2021 and 2023, on the The successive.
BBVA also says that Spain’s clients will have the ability to trade encryption through the same application that the bank’s customers are currently using for their traditional banking activities.
“This approach enables the bank to provide an integrated and smooth experience across its digital channels with the progress of the digitization strategy. The main feature of the new service is that BBVA will use the coding custody platform for its encryption key, allowing the bank to maintain full control to protect the assets of encryption its customers without relying on third parties.”
Gonzalo Rodriguez, head of the retail department at BBVA, Spain, says, says Gonzalo Rodriguez, head of the retail department at BBVA, Spain,
“We want to make it easier for our customers to invest in encryption assets through a simple accessible offer available directly from their mobile phones, in a completely digital way. Our goal is to direct them while exploring this new part of digital assets, with the support of assurances on the sheet and security provided by a bank like BBVA.”
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
Created Image: Midjourney