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Deep Tide TechFlow News, January 16 — According to official information from KBC Bank, starting February 16, the bank will offer buy and sell services for Bitcoin and Ethereum to private investors in Belgium through its online investment platform Bolero, becoming the first bank in Belgium to provide such services.
KBC will operate under the European Crypto Asset Market Regulation (MiCAR) framework and has submitted a complete Crypto Asset Service Provider (CASP) notification to the relevant regulatory authorities. The service adopts a closed-loop model, where customers can only buy and sell cryptocurrencies within the Bolero platform, and transfers to other platforms are not supported to avoid fraud and money laundering risks.