KBC to launch crypto trading for retail investors from Belgium and Central, Eastern Europe
The post KBC to launch crypto trading for retail investors from Belgium and Central, Eastern Europe appeared on BitcoinEthereumNews.com.
KBC Group is preparing to offer retail clients in Belgium the opportunity to invest in major cryptocurrencies this fall, local media unveiled. With the move, the large financial services company is taking the lead among Belgian banks, which have been shunning the decentralized digital assets until now. KBC to allow cryptocurrency trading through Bolero Belgian bank KBC will let retail customers trade Bitcoin (BTC) and Ether (ETH) via its investment platform Bolero in the coming months, Belga news agency reported on Wednesday. The initiative is a first in Belgium, where traditional banks have been reluctant to enter the crypto market, with Belgian investors turning to global trading venues such as Coinbase and Binance or using the services of neobanks like Revolut and Bunq. Other major banks in Belgium, like Belfius, ING, and BNP Paribas Fortis, remain cautious, the report notes, pointing out that only the state-owned Belfius has so far signaled interest in exploring crypto through its Rebel platform. KBC is currently in the process of obtaining regulatory approval to operate as a crypto asset service provider, according to an article published by the Flemish daily De Tijd. The bank has indicated its offering will focus on investor education, security, and regulatory compliance. Financial authorities are expected to greenlight it by the fall, the Dutch-language newspaper added. The group is delving into crypto amid the enforcement of the European Union’s Markets in Crypto-Assets (MiCA) law, which aims to establish uniform rules for the industry across the bloc while improving oversight, including compliance with anti-money laundering requirements. KBC’s decision to facilitate crypto trading for its retail clients is meant to address growing investor interest in cryptocurrencies in the Benelux country, particularly among young Belgians, the media reports noted. A survey conducted by Belgium’s Financial Services and Markets Authority (FSMA) showed that…
Filed under: News - @ July 2, 2025 12:29 pm