One of the largest banks in Spain, Banco Bilbao Vizcaya Argentaria (BBVA), launches a service that will allow customers to buy, sell, and also transfer bitcoin and broadcasting through a mobile application.

Representatives of the bank noted that the permission was obtained against the backdrop of the entry into force of the European Mica regulations, which establishes uniform rules for the appeal of crypto assets in the countries of the European Union (EU).

BBVA began the development of the service in 2020. Before the emergence of a single regulation in the EU, the institution tested the decision through the Swiss office, and in January it launched digital coins for its customers in Turkey.

Previously, the German investment fund Dekabank, which controls the assets of the largest financial services group of Sparkassen-Finanzgruppe, announced the launch of digital asset trade services.