Spanish bank BBVA said on Monday it received approval from the country's securities regulator to offer bitcoin and ether trading services in Spain. The bank is set to launch a service that will allow its clients to securely purchase,

In a new announcement, Banco Bilbao Vizcaya Argentaria (BBVA) says it has obtained the necessary approvals from the country’s securities regulator, the National Securities Market Commission (CNMV), to offer its customers trading services for the top two digital assets by market cap.

The service will eventually be available to all customers of the 150-year-old bank, which is among Europe’s largest.

BBVA said that it received approval to launch Bitcoin and Ether trading in Spain, allowing customers to trade crypto via its mobile app.

Spanish bank BBVA has said it received approval from the country's securities regulator to offer Bitcoin and Ether trading services in Spain.