Garanti BBVA Kripto is gearing up to offer legal cryptocurrency trading services in Turkey. Ranked as the country’s fifth-largest bank, Garanti BBVA collaborates with Bit2me to enable secure digital asset transactions for its retail clients. This initiative reflects the growing cryptocurrency demand in Turkey, ranked third globally in adoption.
The adoption of the Markets in Crypto-Assets (MiCA) regulation provides a solid legal footing for banks entering the digital assets space. This enables financial institutions, like Garanti BBVA, to confidently innovate and offer crypto services, granting European users greater access to cryptocurrencies like Bitcoin and Ethereum.
Banks across the world, including key players like Deutsche Bank, are pushing toward mainstreaming cryptocurrency access. Such movements signal a revolutionary shift in financial services. With projects like Garanti’s crypto launch, traditional banks are ensuring the widespread normalization and integration of digital currencies.