European leading department store, El Corte Inglés plans to launch its cryptocurrency exchange for the customers. Reportedly, the company partners with Deloitte for technological solutions.
Related: Spain's Second Largest Bank Launches Crypto Services
According to the Spanish news provider El Confidential, Deloitte will develop a platform via which El Corte’s over 11 M customers will be able to register with their credit cards and access crypto.
More companies and financial services in Spain have shown interest in cryptocurrencies. The operator of the stock exchange Bolsa de Madrid, Six Group announced collaboration with fintech company LMAX to launch crypto features.
The offering is expected to be released in the third quarter of 2022 if it gets regulatory approval. Crypto adoption continues to grow. Currently, the total crypto market cap stands atn above $2.15 trillion. Bitcoin trades at over $47.400.