Garanti BBVA Kripto plans to offer public crypto trading backed by MiCA regulations for safer and accessible digital asset services.
BBVA has partnered with Bit2Me to support Garanti BBVA Kripto's European crypto expansion through trusted infrastructure.
MiCA regulations are driving crypto adoption as European banks race to meet growing demand for Bitcoin and Ether access.
Garanti BBVA Kripto is preparing to launch its crypto trading services to the public. This platform, owned by Garanti BBVA, has been operating as a pilot since January 2024. Garanti BBVA is 86% controlled by BBVA and has a considerable influence on the platform’s operations.
https://twitter.com/BTC_Archive/status/1874929728207147413
The timing of these developments comes in time with the beginning of European Union’s Markets in Crypto-Assets regulations. Such regulations will provide banks more clarity to extend their cryptocurrency services.
BBVA Partners with Bit2Me for Trading Operations
To facilitate crypto trades, Garanti BBVA has partnered with Bit2Me, a Spanish cryptocurrency exchange founded in 2014. Bit2Me offers the technical infrastructure for Garanti BBVA Kripto’s services. BBVA’s entry into the crypto space began in Turkey, where favorable regulations allowed it to pilot these services ahead of its European counterparts.
Bit2Me is now collaborating with over 50 banks globally, reflecting a growing interest in cryptocurrency adoption among traditional financial institutions.
European Banks Accelerate Crypto Adoption
The rollout of MiCA regulations has encouraged more European banks to embrace cryptocurrencies. Many institutions plan to introduce crypto trading services within the year. This move aligns with increasing customer demand for accessing assets like Bitcoin and Ether through trusted platforms.
MiCA provides the necessary framework to secure regulatory approval, enabling banks to meet these demands.
Recent political and market trends have also fueled interest in cryptocurrencies. U.S. spot Bitcoin ETFs have recorded significant inflows, reinforcing the global appeal of digital assets.
In response, banks across Europe are innovating with blockchain technology. Deutsche Bank is leveraging Ethereum’s ZKsync for rollups, while Société Générale’s SG-FORGE has launched a euro stablecoin on the XRP Ledger.
The widespread adoption of crypto services highlights the sector’s growing integration into traditional finance. With regulatory clarity and advanced infrastructure, banks like Garanti BBVA are poised to drive further growth in the cryptocurrency market.
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