BBVA introduces Bitcoin trading service to clients in Switzerland

Tuesday 22 June 2021 12:20 CET | News

BBVA has launched a Bitcoin trading service for private banking clients in Switzerland interested in digital asset investment.

The new business, launched on June 21, 2021, would include Bitcoin trading and custody services, with the aim of extending it to other cryptocurrencies. It would not offer advice on these types of investments, Reuters noted.

BBVA said it was limiting this new cryptocurrency service to Switzerland because the country has clear regulation and widespread adoption of digital assets. BBVA is present in Switzerland through a fully owned franchise, focused on international banking services.

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Keywords: Bitcoin, trading platform, banks, digital assets, product upgrade
Categories: Blockchain & Cryptocurrencies | Cryptocurrencies
Countries: Switzerland
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Blockchain & Cryptocurrencies

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