Spanish bank BBVA launches cryptocurrency trading and custody services for retail investors

On July 7th, according to The Fintech Times, Spain's second-largest bank BBVA has launched trading and custody services for Bitcoin and Ethereum to retail customers through its mobile application, further expanding its regulated digital asset services in Europe. This online service was launched after submitting regulatory filings to the Spanish National Securities Market Commission (CNMV) in March 2025, and is currently open to all customers who have reached legal age. This service allows customers to buy, sell, and hold cryptocurrency assets within BBVA's existing digital banking environment. BBVA has fully integrated the service into its own application, without relying on any third-party platforms or hosting agencies. Customers can initiate transactions independently, and banks do not provide investment advice.