Garanti BBVA’s to Provide Crypto Trading Services in Hint of Things to Come
Spanish banking giant Banco Bilbao Vizcaya Argentaria (BBVA) is deepening its foray into the crypto ecosystem.
Garanti BBVA Kripto, a crypto custody platform operated by Garanti BBVA — Turkey’s fifth largest bank, which as of December 2023 was almost 86% owned by BBVA — will soon be providing crypto trading services to the general public. Bit2Me, a crypto exchange founded in Spain in 2014, will be used as the bank’s trading execution center.
And now that the Markets in Crypto-Assets (MiCA) regulation is in full effect across the European Union, the partnership between BBVA and the crypto exchange is a strong signal of more things are brewing on the horizon, according to Abel Peña, Bit2Me’s chief sales officer.
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