1. BBVA Partnership for Off‑Exchange Custody
Binance has teamed up with Spain’s BBVA to allow users to keep assets off-exchange, held securely by BBVA. Assets—including U.S. Treasuries—will be accepted by Binance as trading margin, significantly reducing counterparty risk and helping rebuild trust post‑FTX and its own regulatory scrutiny.
Reuters
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2. Proof of Reserves Signals Shift: ETH Down, BTC Up
Binance’s 33rd Proof of Reserves report (snapshot as of August 1, 2025) reveals a major shift in user holdings:


BTC reserves increased by approximately 2.99% (~17.1K BTC),


ETH reserves dropped by around 9.84% (~496K ETH).
This suggests users are moving out of Ethereum and into Bitcoin.
CryptoRank


3. Instant Crypto-to-Fiat Withdrawals via Mastercard in Europe
European users can now convert crypto to euros and withdraw or transfer fiat directly to an eligible Mastercard in near real time, thanks to Mastercard Move integration. This "Buy & Sell" feature adds speed and convenience to off‑ramping.