Crpyto Exchange Binance Said to Adds Spanish Bank BBVA for Off-Exchange Custody: FT

Crpyto Exchange Binance Said to Adds Spanish Bank BBVA for Off-Exchange Custody: FT

Cryptocurrency exchanges have been rolling out stricter controls and clearer disclosures on how user funds are safeguarded.

Binance Partners With BBVA to Secure Customer Funds Off-Exchange

The post Binance Partners With BBVA to Secure Customer Funds Off-Exchange appeared on BitcoinEthereumNews.com. Binance has partnered with BBVA, one of Spain’s biggest banks, to act as an independent custodian for customer funds, according to a Friday report in the Financial Times citing two people familiar with the arrangement. The move reportedly aims to restore confidence in centralized crypto investing following scandals such as the FTX colla…

Binance Partners with BBVA to Offer Safer Crypto Custody – MAXBIT

Binance partners with BBVA to offer secure crypto custody, reduce risks, and boost investor trust through regulated banking collaboration. Binance, the world’s largest cryptocurrency exchange, has entered into a partnership with BBVA, Spain’s third-largest bank. This collaboration aims to provide a more secure custody solution for digital assets. Under this agreement, the BBVA will hold...

Binance expands custody network with Spain's BBVA to store assets in ...

Binance Collaborates With Spanish Bank BBVA For Off-Exchange Custody

Binance has announced its strategic collaboration with Spain’s third-largest bank, BBVA, to operate an off-exchange asset custody. According to data released today by market analyst Satoshi Club, Binance partnered with BBVA to allow users to hold their tokens off the cryptocurrency exchange. .@binance is moving client funds off-exchange in a new custody deal with @bbva, Spain's third-largest bank.The arrangement puts customer assets into U.S. T…