Turkish Bank Garanti BBVA Embraces Digital Assets With New Crypto Wallet and Trading Platform

In a significant move towards embracing digital assets, Turkish bank Garanti BBVA has launched a crypto wallet and trading platform, “Garanti BBVA Crypto”. This platform allows customers to trade and store BTC, ETH, and USD Coin (USDC) seamlessly via the bank‘s mobile app. The bank is also set to introduce the Bonus Platinum Biometric Card and a “Request Payment” feature, further expanding its fintech capabilities. Despite regulatory challenges faced by traditional banks in the crypto space, Garanti BBVA’s successful launch signals a positive trend for banks offering digital assets while adhering to stringent compliance standards.