Overview
- KBC has submitted a full Crypto Asset Service Provider notification to the supervisory authority to enable the launch.
- The service will operate on an execution-only basis, with clients required to pass a knowledge and experience test before trading.
- A closed-loop setup will prevent transfers to external wallets or exchanges, with KBC providing custody of client assets.
- Crypto trading will be integrated directly into the existing Bolero platform, with educational materials available through Bolero Academy.
- The move aligns with a broader European trend, including Germany’s DZ Bank launching regulated retail crypto after BaFin approval.