Belgian giant KBC taps Taurus to support country’s first regulated Bitcoin, Ether trading
Summary
Belgian bank-insurer KBC Group is partnering with Swiss fintech firm Taurus SA to provide institutional custody services for its new crypto asset offering. This collaboration will enable KBC to utilize Taurus-PROTECT, a digital asset custody platform, to facilitate regulated crypto trading via Bolero, KBC’s investment platform. KBC is the first Belgian bank to offer crypto trading within a fully regulated banking framework, initially providing access to Bitcoin and Ethereum under MiCAR regulations. KBC’s closed operating model keeps crypto assets within the platform, eliminating private key management for clients and reducing security risks. Taurus emphasizes the importance of banking-grade infrastructure for regulated crypto services, and this partnership signals growing institutional crypto adoption in Europe due to MiCAR’s influence.
(Source:Crypto Briefing)