#Binance
Binance teams up with BBVA to boost crypto custody in Spain 🇪🇸🔒
To strengthen user protection and help prevent “FTX style” failures, Binance has reportedly Partners with Spanish banking giant BBVA to provide regulated custody for its local operations. With BBVA’s banking infrastructure and compliance controls, customers belongings could be held below tighter oversight.
The move targets to boom transparency, trust, and long term stability in Spain’s developing crypto market—and it is able to serve as a model for collaboration between exchanges and traditional finance global.