Share this article
Spain's BBVA Opening Bitcoin Trading Service to Private Banking Clients in Switzerland
BBVA said the service will be available only to clients in Switzerland because of the country's clear regulations and the widespread adoption of digital assets.
Updated Sep 14, 2021, 1:13 p.m. Published Jun 18, 2021, 11:06 a.m.
Spanish banking giant BBVA is making its cryptocurrency trading and custody service available to private banking clients in Switzerland on Monday.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- BBVA said Friday that after six months of testing the service with a selected group of users, it is now making trading available to BBVA Switzerland clients. The entity will not be offering advice on these types of investments, however.
- This includes bitcoin trading and custody services with the aim of extending the services to other cryptocurrencies, the bank said.
- BBVA said the service will be available only to clients in Switzerland because of the country's clear regulations and the widespread adoption of digital assets.
- As reported by CoinDesk in December, BBVA sees Switzerland as having relatively comprehensive rules around digital assets, set out by the country’s Financial Market Supervisory Authority (FINMA).
- Alfonso Gómez, CEO of BBVA Switzerland, said this is just a first step in a world that he believes will have a major impact on all financial services.
Read more: Spain’s Second-Largest Bank Will Soon Launch Crypto Services: Sources
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
These Three Metrics Show Bitcoin Found Strong Support Near $80,000
Onchain data shows multiple cost basis metrics confirm heavy demand and investor conviction around the $80,000 price level.
What to know:
- Bitcoin rebounded from the $80,000 region after a sharp correction from its October all time high, with price holding above the average entry levels of key metrics.
- The convergence of the True Market Mean, U.S. ETF cost basis, and the 2024 yearly cost basis around the low $80,000 range highlights this zone as a major area of structural support.
Top Stories
