China's central bank vowed earlier in August to keep high pressure on crypto trading.
BBVA said the service will be available only to clients in Switzerland because of the country's clear regulations and the widespread adoption of digital assets.
A bullish bet on the cryptocurrency was also the most crowded trade in January.
The agency told banks they should consult their legal and compliance departments on whether they should block transactions on their own systems.
CME's micro futures contract will provide institutions and individual traders one more tool to hedge their spot market risks.
Peer-to-peer bitcoin trading volumes steadily increased in the country during the last three years.
Bitcoin's average daily range to date in 2021 is $3,765.
The price jump coinciding with Elon Musk's Twitter attention retraced over the weekend.
Users still have some crypto trading functionality, per a Friday report from CNBC.
Terms of the deal were not disclosed.
Bitcoin gains in 2021 dropped below 1% as strong selling continues.
Bitcoin ended Thursday down 13% amid continued selling.
Placed under provisional liquidation last month, Mirror Trading had claimed to be able to offer returns of 10% a month using bots to trade clients' bitcoin.
Bitcoin has rallied nearly 15% in the past 24 hours. Ether hits $1,200.
$14.5 billion in bitcoin options have traded on Deribit in the first two weeks of 2021.