BBVA provides its clients in Spain with the opportunity to trade and store cryptocurrencies Bitcoin and Ethereum directly through its mobile app. This step demonstrates the bank's progression in the area of digital assets.
Available Services for Customers
The service is available to all adult clients of BBVA in Spain, allowing them to buy, sell, and store cryptocurrencies without needing to utilize external exchanges or third-party custodians. All transactions are conducted directly by the user within the existing digital interface of the bank.
Compliance with EU Regulations
The service complies with the European Union's Markets in Crypto-Assets regulation, which took effect in 2025. BBVA confidently integrates its cryptocurrency operations, adhering to these regulatory requirements and demonstrating a targeted approach to ensuring security and standards for Spanish users.
Future Plans of BBVA
BBVA plans to expand its offerings in the coming months, including support for stablecoins and tokenized assets related to traditional investments such as bonds and funds. These products will be integrated into the same digital interface as current offerings, providing users with convenient access to new opportunities.
The introduction of cryptocurrency services by BBVA underscores the bank's commitment to adapting to new trends in user financial behavior and represents part of a broader strategy aimed at retaining clients amid the increasing popularity of cryptocurrencies.
