Binance Partners with Spain’s BBVA to Strengthen Crypto Custody After FTX Collapse

Binance Partners with Spain’s BBVA to Strengthen Crypto Custody After FTX Collapse

In a move signaling deeper integration between traditional finance and cryptocurrency, Binance has enlisted BBVA, one of Spain’s largest banks, to act as an independent custodian for client assets. The arrangement, first reported by the Financial Times, aims to bolster investor confidence in centralized crypto platforms following the high-profile collapse of FTX and Binance’s own recent regulatory challenges. According to sources cited by the...

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