What is BBVA? #BBVA #Binance #BBVABitcoinApproval
A top bank from Spain, operating in 25+ countries, known for strong security and trust.
What Happened?
Binance has appointed BBVA as its custodian now user assets will be stored directly with BBVA, not with Binance.
Why is it Important?
Reduces the risk of hacks and bankruptcies
Builds trust after events like the #ftx FTX collapse
Assets remain with a regulated bank
How Will It Work?
1. Assets are securely stored with BBVA
2. Binance only handles trading
3. Custody and trading remain separate entities
Benefits:
✅ High security
✅ Regulatory compliance
✅ Peace of mind for investors
Bottom Line:
This move sets a new standard of safety and trust in the crypto world.
