🔗 Crypto & Blockchain

CaixaBank Dives into Crypto Custody: EU Approval Hides Familiar Bank Fees

CaixaBank's 20 million customers can soon custody crypto via app — but is this regulated safety or just another fee layer on volatile assets? After years of bitcoin ETNs, the bank's full dive raises questions.

CaixaBank mobile app interface displaying cryptocurrency custody and trading options

⚡ Key Takeaways

  • CaixaBank's MiCA license enables direct crypto custody for 20M customers, building on ETNs. 𝕏
  • Banks profit via fees in TradFi-DeFi convergence, echoing 90s online trading enclosures. 𝕏
  • Convenience for retail, but savvy users should watch spreads and self-custody options. 𝕏
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Originally reported by Crowdfund Insider

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