- BPCE will launch crypto trading in its mobile apps for about 2 million customers starting Monday.
- The bank will support Bitcoin, Ether, Solana, and USDC with direct in-app trading and dedicated accounts.
- Crypto services will roll out gradually across all 25 regional banks, reaching 12 million retail clients by 2026.
- Users pay a $3.50 monthly fee and a 1.5% commission per trade, with no need for external wallets or exchanges.
- France is proposing a new 1% tax on digital assets and other “unproductive wealth” exceeding $2.3 million.
French banking group BPCE plans to introduce cryptocurrency trading for retail customers starting Monday. The service will begin with four regional banks, including Banque Populaire Île-de-France and Caisse d’Épargne Provence-Alpes-Côte d’Azur, reaching around 2 million clients. The bank aims to expand crypto trading access progressively to its full 12-million customer base across 25 regional entities by 2026.
The trading platform, accessible through Banque Populaire and Caisse d’Épargne mobile apps, will allow users to buy and sell Bitcoin (BTC), Ether (ETH), Solana (SOL), and USD Coin (USDC). Transactions will occur via dedicated digital asset accounts managed by Hexarq, BPCE’s crypto subsidiary, eliminating the need for third-party wallets or external exchanges. The account carries a $3.50 monthly fee and a 1.5% commission per trade, with a minimum fee around $1.16.
BPCE is entering a competitive market where other European banks and fintech firms offer digital asset services. Banks like BBVA in Spain enable Bitcoin and Ether trading within their apps, while Santander’s digital arm Openbank supports five cryptocurrencies. Additionally, the Vienna branch of Raiffeisen Bank collaborated with BitPanda to offer crypto services to retail clients.
Meanwhile, French lawmakers recently approved an amendment proposing a new flat 1% tax on “unproductive assets” valued above $2.3 million. This taxable base would include certain real estate, luxury goods, and digital assets such as cryptocurrencies. The proposal still requires Senate approval as part of the 2026 budget process before becoming law.
For more information, see the original report from Raphaël Bloch.
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