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Ripple has expanded its partnership with Spain’s BBVA bank to provide institutional crypto custody services. This move aligns with the European Union’s MiCA regulations driving crypto adoption among traditional financial institutions. BBVA will leverage Ripple’s technology to enhance its digital asset offerings for customers.
- BBVA will use Ripple's institutional custody service to support its recently launched Bitcoin and Ether trading platform
- The partnership expansion is driven by the European Union's MiCA regulatory framework encouraging crypto adoption in traditional finance
- Ripple's custody solution enables BBVA to meet regulatory standards for providing direct end-to-end crypto services to customers
📎 Related coverage from: cointelegraph.com
Other Tags: BBVA, Blockchain