BBVA Switzerland, one of Europe’s major banks, has become the first bank to approve Ethereum (ETH) as a cryptocurrency transaction and custody service. We may hear similar news from other banks in the near future.
By offering Ethereum (ETH) cryptocurrency to BBVA Clients. We think that it will increase the customer base. BBVA Customers will be able to perform Bitcoin and Ethereum transactions in their portfolios with their “New Gen” bank account.
BBVA Switzerland customers will be able to easily access transactions made with digital and traditional assets on mobile applications and similar platforms. They will be able to convert cryptocurrencies to fiat currencies such as dollars and euros. The same bank started to offer Bitcoin BTC transaction and custody services this year. He further expanded this service with Ethereum (ETH).
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.
