Gate News reports that on April 1, Spain’s CaixaBank received authorization as a crypto-asset service provider (CASP) under the EU MiCA regulations on March 30, becoming the country’s sixth licensed bank capable of offering crypto-asset custody, trading, and transfer services to customers. The six authorized institutions, in order, are BBVA, Openbank (a subsidiary of the Santander Group), Cecabank, Renta 4 Banco, Kutxabank, and CaixaBank. Among them, BBVA was the first to be approved in March 2025 and officially launched Bitcoin and Ethereum trading and custody services in July of the same year. MiCA authorization can serve as a “regulatory passport” within the European Union, allowing licensed institutions to operate legally across member states without applying for separate licenses. Spain’s transition period will end on June 30, 2026, after which any institutions that have not obtained authorization will be prohibited from providing crypto-asset services.