Binance partners with BBVA to secure customer crypto assets off-exchange!
In response to heightened regulatory scrutiny and investor concerns after its recent $4.3 billion fine, Binance has teamed up with Spanish banking giant BBVA. This collaboration allows users to store assets outside the exchangeโusing BBVA as an independent custodian and even holding funds in U.S. Treasuries. It's a major trust-building move that addresses safety fears post-FTX collapse. A promising development for traders seeking stronger security and transparency in crypto custody.
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