5 days ago
5
Reuters
Tue, November 11, 2025 astatine 6:58 AM CST 1 min read
MADRID (Reuters) -Openbank, Santander's integer lender, said connected Tuesday it had launched a cryptocurrency trading work successful Spain, pursuing rival BBVA.
Banks are seeing increasing request from customers for crypto products aft bitcoin deed grounds highs past month, helped by U.S. President Donald Trump's pro-crypto stance.
In June, BBVA advised affluent clients to put up to 7% of their portfolio successful cryptocurrencies, warming to a assemblage erstwhile avoided by mainstream concern because of its risks.
Openbank's work operates nether the EU's Markets successful Crypto-assets framework, and volition let clients to buy, sell, and clasp bitcoin, ether, Litecoin, Polygon, and Cardano straight connected its app and website.
Openbank said it planned to grow the database of supported tokens and adhd crypto-to-crypto conversions successful the coming months, with a 1.49% fee per transaction oregon a minimum 1 euro, with nary custody fees.
The rollout follows a caller motorboat successful Germany.
In 2023, Santander's backstage slope rolled retired a service, allowing its clients to put successful and commercialized bitcoin and ether.
Standard Chartered successful July introduced spot trading for bitcoin and ether done its UK subdivision for organization clients.
(Reporting by Jesús Aguado. Editing Emma Pinedo and Mark Potter)
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