BBVA Partners With SGX FX to Launch Bitcoin and Ethereum Trading for European Retail Investors

Spanish banking giant BBVA has announced a strategic partnership with Singapore's SGX FX to enable retail cryptocurrency trading directly through its banking platforms. This groundbreaking integration represents the first such offering in the European market and will initially support Bitcoin (BTC) and Ethereum (ETH) trading with 24/7 availability using the same framework BBVA employs for foreign exchange transactions. SGX FX, which has over 25 years of experience in global financial markets, provides comprehensive trading infrastructure including aggregation, pricing, distribution and risk-management tools through its global data centers in London, New York, Tokyo and Singapore. The partnership allows BBVA to leverage existing FX infrastructure rather than requiring complete system replacement. The collaboration comes as the European Union's MiCA (Markets in Crypto-Assets) regulation creates new opportunities for regulated financial institutions to offer digital asset services. BBVA positions itself to meet both regulatory requirements and growing client demand for cryptocurrency access through trusted banking channels.