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Naina

06/18 11:16

 Prominent Spanish bank BBVA has been paving the

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Prominent Spanish bank BBVA has been paving the way for mainstream cryptocurrency adoption, advising its wealthy customers to invest in Bitcoin.

With the rapidly diminishing skepticism that was previously held against cryptocurrency, banks have been cautious in their dealings with the sector. Nonetheless, Spain’s second-largest bank, BBVA, remains a pacesetter with its embrace of the digital asset industry.

A recent Reuters report shows that the banking giant has been promoting exposure to Bitcoin as early as September last year. According to the Tuesday report, Philippe Meyer, the head of digital and blockchain solutions at BBVA Switzerland, made this disclosure at a DigiAssets conference in London.


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