Spain second largest bank launches bitcoin service for trading and custody of digital assets

Spain’s second largest bank BBVA with over 80 million customers will offer its clients a service of trading and custody of digital assets, with all the guarantees of any other banking service, with a transparent system that is very simple to operate. Alicia Pertusa, Head of Client Solutions Strategy at BBVA commented:

Digital assets have enormous potential to transform the way value and information are exchanged through blockchain technology, Financial institutions, in collaboration with supervisors, can play a relevant role in the integration of digital assets in current markets and infrastructures.

Due to Switzerland’s advanced regulation and laws, it will initially only offer its new Crypto service, later expanding it to other countries.

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