Does BBVA offer cryptocurrency trading in Switzerland?

BBVA joins a growing list of banks offering cryptocurrency trading and custody services in Switzerland. For example, regulatory authorities there approved Incore Bank and Maerki Baumann, two Swiss banks, to provide crypto services in June this year. Do you have a news tip for Investopedia reporters? Please email us at

What is BBVA (BBVA)?

BBVA (BBVA) has a track record in blockchain and plans to launch the new cryptocurrency services next month, pending regulatory approval.

Does BBVA use blockchain?

The bank was among the first financial institutions to integrate blockchain into its operations. According to the Coindesk report, BBVA shares custody solution providers with Gazprombank, a Russian bank that launched similar services recently, and Standard Chartered PLC ( SCBFF ), a U.K. bank that plans to offer similar services.

What is BBVA harmonise TM?

Harmonize will let the bank connect to blockchains other than Bitcoin and Ethereum, potentially expanding BBVA’s crypto service: “Trading on Harmonize™ opens the door to BBVA being able to offer new services in the future, such as trading of other cryptoassets in addition to bitcoin and ether, or the ‘tokenization’ of traditional assets.”