【Binance and Spain's BBVA Bank Reach Custody Service Cooperation】Golden Finance reports that Binance has reached a custody service cooperation with BBVA, the third-largest bank in Spain. This arrangement allows Binance users to store their assets in U.S. Treasury bonds held by BBVA, which can be used as trading collateral. This cooperation aims to separate trading activities from underlying funds to reduce counterparty risk. In the event of an unexpected situation with Binance, user funds will remain securely stored in U.S. Treasury bonds controlled by BBVA.