Spain is advancing its integration into the crypto ecosystem. Currently, four banks in the European country hold the MiCA license, granted by the CNMV (Spanish National Securities Market Commission), to offer cryptocurrency custody and trading.

Renta 4 Banco is the most recent to be authorized to allow Spaniards to “buy, sell, hold, and transfer crypto assets. In addition, the bank will be able to offer institutional custody, order reception and transmission, and the transfer of Bitcoin (BTC), Ether (ETH), and other assets from its digital platform.”

The first banks to obtain this authorization were BBVA, in March 2025, followed by Cecabank and Openbank, both authorized in July.

“Cecabank immediately activated its custody and order transmission services, while Openbank added a catalog that includes BTC, ETH, Litecoin (LTC), and Cardano (ADA), among other cryptocurrencies.”

It should be clarified that this expansion is not limited to local banks in Spain, since thanks to the “MiCA European passport,” entities from other countries within the bloc can legally operate in Spain without needing to apply for an additional license.

Some of these are Commerzbank from Germany, CACEIS from France, and Société Générale, which offer trading and custody services accessible to Spanish clients under the common regulatory framework.

M.Pino

Source: cripto247

(Reference image source: Kanchanara on Unsplash)

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La entrada Four Spanish banks offer cryptocurrency custody and trading apareció primero en Bitfinance.