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Key developments shaping the future of crypto:
🔸One of the largest and most influential financial institutions in Spain and considered as a top-tier global bank in both Europe and Latin America BBVA, aka Banco Bilbao Vizcaya Argentaria officially announces that it has received approval from Spain’s securities regulator CNMV, to offer Bitcoin and Ethereum trading services in Spain.
🔸IMO, this is a huge development, as this demonstrates a major shift toward mainstream institutional adoption of cryptocurrencies. Not only that, as a major global bank BBVA has a high probability attracting a multitude of new crypto investors, including their current retail clients as well as high-net-worth individuals previously hesitating due to the lack of banking support for crypto trade.
🔸Also, the recent regulatory approval received from CNMV may pave the way for other European nations to follow suit. IMO, if more banks in Europe receive similar approvals, then it could enhance retail market confidence in trading and investing in crypto assets, leading to reduced market uncertainty as well as attracting new capital. 🚀🚀🚀
#VeryBullishCryptoNews
#KeepMovingForward
#GottaKeepOnHODLing