Spain's Cecabank Rolls Out MiCA-Compliant Crypto Custody Platform

Cecabank has officially entered the digital-asset market, launching a regulated cryptocurrency custody and trading infrastructure aimed at financial institutions, CoinDesk reported. Renta 4 Banco is among the first users of the platform, highlighting how European banks are extending traditional custody operations into digital assets. Under the partnership model, Cecabank acts as the custodian and provides the banking layer, technology infrastructure and institutional-grade crypto custody, while Spanish crypto exchange Bit2Me is responsible for trade execution, liquidity provision, market access and exchange-level support. Renta 4 said it is already using the setup to build its own crypto trading offering for clients. Cecabank said on June 11 that it has received authorization to provide crypto custody, transfer, and the receipt and transmission of orders, moving the project from preparation into live operations. The bank added that its MiCA-related license was approved by Spain's National Securities Market Commission (CNMV) in July 2025, and that it has registered with the Bank of Spain as a crypto-asset service provider. The bank also said it has started the European passporting process and plans to expand into Ireland, Portugal and Luxembourg. At launch, the platform will support major cryptocurrencies and stablecoins that meet European regulatory standards, according to the companies. Cecabank said the service brings the controls and standards of its traditional custody business into digital assets, while Bit2Me described the rollout as another step toward embedding digital assets within the conventional banking system. The move comes as Spanish banks accelerate their push into crypto. BBVA has previously been reported to be planning Bitcoin and Ethereum trading and custody services for customers, with infrastructure managed directly by the bank rather than relying fully on third-party providers.