Skip to content

Belgium’s KBC Bank Set to Unleash Bitcoin and Ether Trading for Retail – Will Rivals Follow?

2025-07-02 20:45:37

Belgium’s KBC Bank Set to Unleash Bitcoin and Ether Trading for Retail – Will Rivals Follow?

Main Idea

Belgium’s KBC Bank is set to offer Bitcoin and Ether trading for retail investors through its Bolero platform, marking a significant move into the crypto space as European banks respond to growing demand.

Key Points

1. KBC Bank is applying for Crypto-Asset Service Provider (CASP) recognition, with the process expected to conclude by autumn 2025.

2. Retail investors will be able to purchase BTC and ETH through Bolero, KBC’s online investment platform, pending regulatory approval.

3. KBC’s move positions it ahead of domestic rivals in Belgium’s retail crypto market.

4. The decision aligns with a broader trend among European banks, as over 60 banks in Europe now offer some form of crypto service.

5. The rollout is facilitated by the EU’s MiCA regulations, which provide unified standards for crypto services and have spurred other major financial players like Deutsche Bank and Sparkassen-Finanzgruppe to enter the space.

Description

KBC Bank is preparing to offer cryptocurrency trading to its retail clients, making it the first major bank in Belgium to move into the space. The bank plans to offer Bitcoin and Ether investments through its Bolero investment platform later this year. According to a local source, KBC said it is currently undergoing an assessment to obtain recognition as a Crypto-Asset Service Provider (CASP). The process is expected to conclude by autumn. KBC Pushes Into Crypto as European Banks Catch Up to Inv...

>> go to origin page
Tags:
Blockchain News News Belgium Crypto Trading
$BTC
$107944.4
--2.01%
$ETH
$2525.15
--3.76%

Latest News