INSUBCONTINENT EXCLUSIVE:
pilot program for buying and selling Bitcoin.This move marks the first time a major Peruvian bank integrates cryptocurrency transactions
into its official channels
BCP submitted its application to the Superintendencia de Banca, Seguros y AFP (SBS) in September 2024.After months of review, the SBS
granted approval in early April 2025
The pilot operates within a regulatory sandbox, a controlled environment established by the SBS.This setup encourages financial innovation
while maintaining oversight
Largest Bank Tests Bitcoin Trading, Eyes New Payment Solutions
The bank is considering a payment card that enables customers to pay in local currency at merchants, while debiting Bitcoin from their
convert Bitcoin to local currency at the point of sale
The bank also plans to act as a Bitcoin exchange, profiting from the spread between buy and sell prices, much like it does with foreign
quickly rebounded to $95,145.70, highlighting both the risks and opportunities of integrating digital assets into traditional banking
and remain competitive as digital assets gain traction
