KBC Bank to Launch Bitcoin and Ether Trading in Belgium Under MiCA

KBC Bank, one of Belgium's largest financial institutions, announced on January 15, 2026, that it will begin offering Bitcoin and Ether trading to retail investors via its online investment platform, Bolero. The service will launch during the week of February 16, 2026.

The bank emphasized that the service will be offered under the European Union's Markets in Crypto-Assets Regulation (MiCA). This regulatory framework aims to create consistent rules for digital-asset services across the EU.

KBC has submitted a full Crypto-Asset Service Provider (CASP) notification to the competent authority in Belgium. This marks the first time a Belgian bank has offered crypto trading services under MiCA.

Why Did This Happen?

KBC's decision reflects growing demand among Belgian retail investors for access to digital assets. Until now, most investors have used foreign platforms such as Binance, Coinbase, and Revolut.

The bank stated that it will operate the service on an execution-only basis, meaning it will not provide investment advice. Instead, it will focus on enabling investors to buy and sell cryptocurrencies within a secure and regulated framework.

The bank also announced that customers will need to complete a knowledge and experience test before they can trade. This step aims to ensure that investors understand the risks associated with crypto assets.

KBC's closed-loop model prevents customers from transferring crypto assets to or from external platforms. This approach enhances security and reduces the risks of fraud and money laundering.

How Did Markets React?

The announcement has positioned KBC as a leader in crypto adoption among Belgian banks. The bank's move follows similar initiatives by German banks like DZ Bank, which began offering crypto trading services under MiCA in January 2026.

KBC serves approximately 4 million users through Bolero. The bank stated that it aims to provide a safer and more familiar option for investors who already use the platform for stocks and bonds.

Investor education is a key component of KBC's strategy. The bank will provide educational materials through Bolero Academy to help users understand the risks and potential rewards of investing in crypto assets.

The launch also reflects a broader trend in Europe. Financial institutions in several countries have begun offering regulated crypto trading under MiCA or similar frameworks.

What Are Analysts Watching Next?

Analysts are closely watching the impact of KBC's launch on the European crypto market. The move could influence other banks to follow suit, potentially accelerating the adoption of digital assets across the EU.

The European Securities and Markets Authority (ESMA) has not yet issued any MiCA licenses in Belgium. This delay raises questions about the regulatory environment and the pace of adoption.

KBC's launch also comes amid a broader debate about the EU's regulatory approach to crypto assets. Some member states, including France, have advocated for centralized oversight to ensure financial stability.

Investors and market participants will be watching whether KBC's service leads to increased liquidity in the European crypto market. The bank's move could attract more conservative capital and provide a regulated gateway for mainstream investors.

The launch of KBC's crypto trading service represents a significant milestone in the integration of digital assets into traditional financial systems. It demonstrates the growing acceptance of crypto assets among institutional players and highlights the role of regulatory frameworks in shaping market dynamics.

Market reactions to KBC's launch will likely influence the pace of adoption among other European banks. The success of the service could encourage wider institutional participation and shape the future of digital asset trading in the EU.