As of April 1, according to market news, Spain's CaixaBank has received authorization as a Crypto Asset Service Provider (CASP) under the EU's MiCA regulations, becoming the sixth licensed bank in the country to offer clients services for the custody, trading, and transfer of crypto assets. The six authorized institutions in order are BBVA, Openbank (under the Santander Group), Cecabank, Renta 4 Banco, Kutxabank, and CaixaBank. BBVA was the first to be approved in 2025 and officially launched Bitcoin and Ethereum trading and custody services in July of the same year. The MiCA authorization acts as a 'regulatory passport' within the EU, allowing licensed institutions to operate legally without needing to apply in each individual country. Spain's transition period will end on June 30, 2026, after which unauthorized institutions will be prohibited from offering crypto asset services.
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