Belgium's second-largest bank, KBC, becomes the country's first bank to offer cryptocurrency trading services to retail customers

BTC-2,65%
ETH-1,37%

PANews January 16 News, according to Bitcoin Magazine, Belgium's second-largest bank KBC Group announced that it will offer Bitcoin and Ethereum trading services to retail clients through its online investment platform Bolero, becoming the first bank in the country to provide such services. The service is scheduled to go live in the week of February 16 and will operate within the regulatory framework of the EU Crypto Asset Market Regulation (MiCA).

KBC stated that it has submitted a complete crypto asset service provider notification to regulators. The service will operate in a “execution-only” mode, requiring clients to make their own decisions and complete risk knowledge and experience tests before trading. To reduce fraud and money laundering risks, the platform adopts a “closed-loop” model, where clients can only buy and sell within the Bolero platform, cannot transfer assets to external wallets or exchanges, and the bank provides custody services.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

BTC drops below 67,000 USDT

Gate News bot message, Gate market display, BTC drops below 67,000 USDT, current price 66,998 USDT.

CryptoRadar6m ago

Three major Japanese securities giants consider entering the cryptocurrency trading business

Japan's three major securities giants plan to enter the cryptocurrency trading space, with the largest one, Nomura Holdings, set to provide services by 2026. Market expectations suggest Tokyo will relax restrictions on crypto ETFs, boosting demand for crypto investments.

GateNewsBot11m ago

Wintermute: BTC finds support at the 200-week moving average; a clear macro environment is needed to resume upward movement

Foresight News reports that Wintermute stated, "The road to a crypto market recovery depends on the clarity of macroeconomic conditions. The 200-week moving average still provides support, and the lack of structural damage means that when the recovery occurs, the rebound could be stronger than market sentiment suggests. Currently, we are in a range-bound and downward trend, with leverage factors dominating short-term market movements. Recently, $70,000 remains a resistance level. A recovery in the second half of 2026 is possible, but to achieve this, most participants will need to have exhausted their patience."

GateNewsBot21m ago

Benchmark maintains a "Buy" rating on Metaplanet, but the target price is lowered by over 50%

Benchmark analysts have lowered the target price for Metaplanet to 1,100 yen, despite financial strategy risks, as operational performance improves due to growth in Bitcoin-related services. Net loss was $619 million, and analysts are optimistic about the expansion potential of its Bitcoin revenue-generating business.

GateNewsBot27m ago

Bitcoin heads towards $7.7 trillion in market cap as Wall Street runs out of money to "buy the dip"

This morning I read a rather sharp analysis that goes beyond the usual chart patterns and market sentiments, with a notable statement: there is almost no "money standing outside the market." If this is true, it challenges a long-standing assumption in both the crypto market and traditional markets:

TapChiBitcoin32m ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)