Spanish banking giant Santander is taking significant steps towards entering the burgeoning world of cryptocurrencies. Openbank, Santander’s digital subsidiary, is actively pursuing European Union (EU) licenses for retail cryptocurrency trading services. This move could significantly expand access to crypto assets for its customers, particularly in Europe and Latin America. The bank is also considering launching a stablecoin, backed either by euros or US dollars, pending regulatory approvals. These expansions are expected to increase trading activity for Bitcoin (BTC) and Ethereum (ETH) through Santander’s platforms. This initiative aligns with the evolution of banking technology and could even normalize crypto-stablecoin access via established banks across Europe. ]