Bitcoin Price Stays About $115,000 As Spain’s Banking Giant BBVA Partners With Binance To Provide Custody

Bitcoin Magazine

Bitcoin Price Stays About $115,000 As Spain’s Banking Giant BBVA Partners With Binance To Provide Custody

Bitcoin price held steady above $115,000 as Financial Times reveals Binance partners with Spain's BBVA bank to provide third-party custody services, allowing customers to store assets in U.S. Treasury securities. The move aims to rebuild trust following Binance's $4.3 billion regulatory settlement in 2023, with BBVA acting as an independent custodian to ensure greater security of customer funds.

This post Bitcoin Price Stays About $115,000 As Spain’s Banking Giant BBVA Partners With Binance To Provide Custody first appeared on Bitcoin Magazine and is written by Vivek Sen.