Binance and BBVA have partnered to allow clients to hold digital assets off the crypto exchange

Description

Binance and Spanish Banco Bilbao Vizcaya Argentaria (BBVA) reportedly formed a partnership allowing clients to trade on the exchange and secure their loot at the bank’s vaults. The news comes shortly after the exchange disclosed its “Banking Triparty” custody solution. The unsubstantiated reports claim that the BBVA is just one of the few independent regulated custodians for Binance. The exchange introduced a TradFi-modeled custody solution to “Binancians” on July 24. Binance’s “institutional of...