KBC has selected Switzerland’s Taurus to provide digital asset custody technology for its newly launched retail crypto trading offering, with the bank deploying Taurus-PROTECT to underpin the service.

The Belgian banking group began offering Bitcoin and Ether trading to retail investors through its investment platform Bolero, in the week of 16 February. KBC is the first Belgian bank to offer crypto trading within a fully regulated banking framework, operating on an execution only basis and in compliance with the MiCAR framework.

Under the arrangement, crypto assets bought and sold via Bolero remain on the platform, meaning customers cannot transfer holdings to or from…