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KBC Becomes First Belgian Bank to Offer Retail Bitcoin and Ether Trading

The launch follows Belgium’s implementation of MiCA with supervision by national regulators.

Overview

  • KBC will enable buying and selling of Bitcoin and Ether on its Bolero platform starting the week of February 16.
  • The bank has filed a full Crypto‑Asset Service Provider notification to clear the regulatory path for launch.
  • Trading will be execution‑only with a closed‑loop design that blocks transfers to external wallets and keeps custody with KBC.
  • Clients must pass a knowledge and experience test covering risks such as volatility and potential total loss before trading.
  • The service operates under Belgium’s new MiCA framework overseen by the FSMA and the National Bank, aligning with a broader European shift that includes initiatives from lenders such as Germany’s DZ Bank.