Spanish banking giant BBVA is accelerating its entry into the crypto space! 🌐 Through its subsidiary Garanti BBVA Kripto in Turkey, BBVA plans to provide crypto trading services to the public. This move demonstrates the increasing importance traditional financial institutions are placing on the crypto market.

BBVA holds an 86% stake in Garanti BBVA Kripto and will utilize the Spanish crypto exchange Bit2Me as the trading execution center. Bit2Me was established in 2014 and has built a solid position in the market.

With the full implementation of the EU MiCA regulations, BBVA's collaboration with crypto exchanges heralds more innovation and opportunities on the horizon. 🔍