Spanish banks open their doors to Bitcoin
Spanish banks embrace crypto, driven by regulation and demand
Spanish banks open their doors to Bitcoin
Opinion
What seemed unthinkable a few years ago is now a reality. Major Spanish banks, such as BBVA, Santander and CaixaBank, have stopped seeing cryptocurrencies as a marginal phenomenon and are preparing to offer services related to these digital assets.
This paradigm shift is largely due to the entry into force of MiCA, the new European regulation for crypto assets. With a clear and secure legal framework, banks feel more confident to enter this market. In addition, the growing demand from clients to invest in cryptocurrencies has been another determining factor in this decision.
