Spanish economic giant Banco Bilbao Vizcaya Argentaria (BBVA) has received approval from the country’s financial regulator to offer Bitcoin (BTC) and Ether (ETH), trading to its clients, according to a Reuters report.

The approval comes as the markets in the Crypto -Ass (MICA) regulation have full effect over the European Union. This approval of the BBVA marks the end of a multi -year process for the Spanish lender to allow its clients to get exposure to digital assets.

By 2020, Coindesk reported that BBVA was planning to dip their toes in the sector pending regulatory approval because Mica was not yet in place.

BBVA initially planned to launch its Crypto services from Switzerland rather than Spain or other EU countries because Switzerland already had a clear regulatory framework for digital assets under Supervisory Authority (Finma).

In January, BBVA Crypto Trading in Turkey launched through a local subsidiary.

BBVA is not the first European bank to enter Krypto, where Germany’s Deutsche Bank develops an Ethereum-Rollup with Zksync and offers custody with the bull, while Société Général’s SG-Forge launches a Euro stableecoin on the XRP headbook, Coindesk reported previously reported.