KBC will become the first Belgian bank to offer crypto trading through its Bolero investment platform, allowing retail investors to buy and sell Bitcoin and Ether starting the week of 16 February. The service operates under European MiCA regulations, which establish requirements for crypto asset service providers.
The bank has submitted a full Crypto Asset Service Provider (CASP) notification to Belgian regulator FSMA. Under the MiCA framework, banks have an expedited approval process. Regulators have 25 working days to assess completeness of the application, followed by a 40 working day approval period before services can commence.
Bolero will operate a closed loop model,…
