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KBC Bank to offer Bitcoin, Ether to retail customers: Report

2025-07-02 14:54:50

Main Idea

KBC Bank, one of Belgium's largest financial institutions, plans to offer Bitcoin and Ether to retail customers via its Bolero platform, pending regulatory approval expected by autumn.

Key Points

1. KBC Bank is set to become one of the first major Belgian banks to offer Bitcoin and Ether to retail customers through its Bolero platform.

2. The bank expects to secure regulatory approval for the product by autumn, as confirmed by a KBC spokesperson.

3. Currently, Belgian customers primarily use foreign crypto exchanges like Binance, Coinbase, and OKX or crypto-friendly investment apps such as Revolut and N26.

4. The move aligns with a broader trend of European banks entering the crypto space, with Deutsche Bank and Sparkassen-Finanzgruppe also reportedly planning crypto offerings.

Description

Belgium’s KBC Bank reportedly plans to let retail customers invest in Bitcoin and Ether via its Bolero platform, pending regulatory approval later this year.

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