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MiCA Regulation Spurs Crypto Innovation at Garanti BBVA

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by A1

2 days ago

Turkish bank Garanti BBVA is preparing to expand its crypto services in 2025 under the MiCA regulation.

Garanti BBVA's Crypto Expansion

Garanti BBVA is set to expand its cryptocurrency offerings in 2025, aligned with the European Union's MiCA regulation. The bank's crypto custody service, Garanti BBVA Kripto, will soon offer crypto trading to the public.

Partnership with Bit2Me

Garanti BBVA Kripto has partnered with Spain-based crypto exchange Bit2Me to facilitate upcoming trading services. This partnership will allow access to major digital assets like Bitcoin and Ether.

Impact of MiCA Regulation

The MiCA regulation is paving the way for wider adoption of cryptocurrencies in Europe. Garanti BBVA previously tested digital trading with a select group of users in 2023, and this new regulatory environment enables public access.

Garanti BBVA's crypto service expansion signifies a new chapter in the industry’s development influenced by MiCA regulation.

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