Techub News reports that, according to Bitcoin Magazine, Belgium's second-largest bank KBC Group announced that it will offer Bitcoin and Ethereum trading services to retail clients through its online investment platform Bolero, becoming the first bank in the country to provide such services. The service is scheduled to launch in the week of February 16 and will operate within the regulatory framework of the EU's Markets in Crypto-Assets (MiCA) regulation.
KBC stated that it has submitted a complete Crypto-Asset Service Provider (CASP) notification to regulators. The service will operate in a trade execution-only mode, requiring clients to make their own decisions and complete risk knowledge and experience tests before trading. To reduce fraud and money laundering risks, clients will only be able to buy and sell within the Bolero platform, without transferring assets to external wallets or exchanges, and the bank will provide custody services.
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