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European banks expand cryptocurrency product offerings
Golden Finance reports that on May 18, more and more European banks are moving into the cryptocurrency space. Retail trading services have already been rolled out by Spain’s Banco Bilbao Vizcaya Argentaria (BBVA), France’s BPCE Bank, and Belgium’s KBC Bank. BBVA became the first major European bank to offer 24/7 Bitcoin and Ethereum trading through its mobile app. BPCE, meanwhile, launched in-app cryptocurrency trading services via its regulated subsidiary Hexarq, aiming to serve 12 million customers by 2026.