Cecabank Expands Regulated Crypto Custody Services to Luxembourg

Cecabank, a Spanish banking giant, is expanding its regulated crypto-asset custody services to Luxembourg via the MiCA European passporting process.

The move comes about 18 months after Cecabank opened its Luxembourg branch and secured a Markets in Crypto-Assets (MiCA) license in 2025. However, while its commercial crypto custody service launched in May 2026, the license does not automatically apply across borders.

To bridge this gap, Cecabank has initiated the European passporting process to extend its regulatory coverage to Luxembourg, Ireland and Portugal.

Cecabank's CEO Ainhoa Jáuregui emphasized that institutional clients will gain access to digital currencies, stablecoins and tokenized assets with the same security and compliance standards as traditional instruments.