Belgian bank plans to introduce regulated trading for Bitcoin and Ethereum
Belgium’s leading bank, KBC, is set to introduce the option for individual customers to engage in the buying and selling of major cryptocurrencies starting on February 16. This initiative will be in compliance with European regulations under MiCA and will be facilitated through the bank’s platform, Bolero.
“This move will provide the opportunity for independent investors in Belgium to participate in the cryptocurrency market within a secure and regulated framework, marking a significant development for the country,” as mentioned in the official announcement.
Recent studies have shown that approximately 45% of individuals between the ages of 30-40 in Belgium have already delved into the world of cryptocurrencies. Bolero, which caters to a user base where 60% are under the age of 40, aims to target this demographic. Notably, the most frequent search term on Bolero’s platform is “bitcoin.”
Bolero operates on a strict execution-only basis, allowing clients to make their own investment decisions without receiving any advisory services. Nonetheless, clients are required to undergo assessments regarding their knowledge, experience, and understanding of potential risks associated with their investments.
Céline Pfister, the CEO of Bolero, highlighted that there is a notable interest from digitally-savvy clients for this type of financial product. By providing a platform for self-directed investors, Bolero ensures that users have complete control over their investments, with the necessary support available.
In order to combat the risks of fraud and money laundering, Bolero has established a closed system where transactions involving cryptocurrencies can only be conducted within the platform. The service also enforces strict Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures to enhance security measures for users.
Furthermore, in September 2025, KBC became a member of a banking consortium with the objective of launching a stablecoin pegged to the euro, showcasing the bank’s commitment to embracing innovations within the digital currency space.
This move by KBC signifies a significant step towards mainstream adoption of cryptocurrencies in Belgium, providing retail clients with a secure and regulated environment to invest in popular digital assets like Bitcoin and Ethereum. With the introduction of this service on February 16, KBC is set to open up new opportunities for individual investors seeking to engage in the cryptocurrency market.
