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Spanish financial giant Cecabank has joined forces with crypto exchange Bit2Me to create a crypto platform aimed at helping traditional banks enter the digital asset space. The platform is ready for launch and offers crypto custody and trading services but is still waiting for approval from Spain’s securities regulator.
Bit2Me will handle trading and custody for over 100 cryptocurrencies while Cecabank will provide banking infrastructure and regulatory compliance support. The platform is designed to meet MiCA standards giving European banks a fast and compliant way to offer crypto services tailored to their specific needs.
This move marks a major step forward for crypto adoption in Spain’s banking sector. BBVA Spain’s second-largest bank is also preparing to launch its own crypto service allowing users to manage Bitcoin and Ethereum directly through their bank accounts. As regulatory clarity improves more Spanish banks are exploring ways to integrate digital assets into their services.
