Belgium’s KBC Bank is poised to pave the way for everyday investors looking to dive into the world of cryptocurrencies. According to reports from sources, the bank plans to allow retail customers to purchase Bitcoin and Ether through its Bolero platform starting this autumn season.
This initiative marks a significant milestone, as it represents the first involvement of a major Belgian financial institution in the cryptocurrency domain. Previously, Belgian investors had to rely on international platforms like Coinbase and Binance, or alternative banks such as Revolut.
KBC Bank will enable retail clients to engage in Bitcoin and Ether trading via its Bolero platform this autumn, marking a significant first for a major bank in Belgium. https://t.co/XsMwllIV1l#Belga #Belgium #Crypto #Bitcoin
— Belga News Agency_English (@Belga_English) July 2, 2025
Looking Ahead: Regulatory Approvals
As reported by multiple outlets, KBC is currently pursuing the necessary approvals to operate as a digital currency service provider under the European Union’s latest Markets in Crypto-Assets (MiCA) regulatory framework.
The bank is optimistic about receiving a nod from regulatory authorities by autumn. Once approved, Bolero customers can expect to see an exciting new “Crypto” section in their accounts, where they can freely decide the amount of Bitcoin or Ether to purchase.
KBC is dedicated to ensuring regulatory compliance by implementing measures for security and thorough identity verification to uphold anti-money laundering standards.
Market Competitiveness and Cautious Strategies
The landscape in Belgium is heating up, with other prominent banks, such as Belfius, showing interest in integrating BTC options through their Rebel app. However, institutions like ING and BNP Paribas Fortis are still weighing their options.
Retail investors have voiced their desire for banking options that cater to cryptocurrency investments. KBC’s pioneering push could prompt other banks to jump on the bandwagon, but delays in regulatory processes may stifle this trend.
Young Investors and Their Drive for Crypto
The appetite for Bitcoin is particularly pronounced among younger Belgians. A recent survey by the Financial Services and Markets Authority revealed that 43% of individuals under the age of 29 have engaged in cryptocurrency trading, and the figure increases to 45% for those under 30.
Many young investors express a preference for well-established coins like Bitcoin, fearing the volatility of lesser-known tokens. KBC aims to leverage these statistics to attract more clients to its Bolero platform once it introduces cryptocurrency trading.
Assuming MiCA is approved in time, KBC is fully prepared to launch its trading services on Bolero this autumn. Industry watchers are keen to note whether other banks follow KBC’s lead or opt for a more reserved approach in the evolving financial landscape.
Image provided by Unsplash; data visual from TradingView.
