Summary: According to Coindesk, two people familiar with the matter revealed that BBVA, which has approximately $840 billion in revenue last year, is preparing to enter the market of cryptocurrency trading and custody.  A source familiar with the plan said that BBVA is "launching its Europe-wide crypto initiative from Switzerland." The project may be launched "around ...

According to Coindesk, two people familiar with the matter revealed that BBVA, which has approximately $840 billion in revenue last year, is preparing to enter the market of cryptocurrency trading and custody. 

A source familiar with the plan said that BBVA is "launching its Europe-wide crypto initiative from Switzerland." The project may be launched "around Christmas" and is still dealing with related regulatory issues.

By Mary Liu