News from the world of cryptocurrency

Spanish bank BBVA to launch storage and trading services for bitcoin in Switzerland

The Swiss branch of the Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA) will start providing Bitcoin storage and trading services to its private clients on June 21.

📌 Initially, the offer will only apply to Bitcoin, but more cryptocurrencies are planned to be added in the future. At the same time, the bank warned that its new service will not provide any consulting services on investments in crypto assets. With Bitcoin becoming part of the bank’s investment directory, private clients at BBVA Switzerland will be able to view the performance of their Bitcoin positions alongside traditional financial assets.