Ripple will provide crypto custody services to Spain’s BBVA bank, expanding its existing partnership amid MiCA-driven adoption by European banks.
BBVA News
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As trust in crypto exchanges remains low, Binance’s new custody deal with BBVA marks a shift toward traditional finance safeguards.
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Spain’s BBVA opens retail access to Bitcoin and Ether through its mobile app, offering bank-grade custody and MiCA-backed compliance without the complexity of crypto exchanges.
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Spain’s second-largest lender will allow its clients to buy, sell and manage cryptocurrencies on its mobile banking app.
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Harmonize will allow the bank to connect to blockchains beyond Bitcoin and Ethereum, which suggests the potential expansion of BBVA’s crypto services.
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The group consists of 30 high-ranking financial professionals from organizations, including BBVA, CRIF and Stripe, among others.
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BBVA Switzerland will soon begin offering Bitcoin trading to private banking clients while not providing any advisory services on crypto investments.
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BBVA and a state-backed research center in Spain have launched a partnership to explore advanced cryptography for financial services.
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Banco Bilbao Vizcaya Argentaria has announced the use of blockchain technology for the bank’s first such issuance of a green bond.
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Spain’s second largest bank, Banco Bilbao Vizcaya Argentaria, has closed a €150 million loan using blockchain technology.
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Major Spanish banks BBVA and Santander have joined the launch of the E.U. International Association for Trusted Blockchain Applications.
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Banco Bilbao Vizcaya Argentaria (BBVA) has carried out a blockchain-based syndicated loan of $150 million with BNP Paribas and MUFG.
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While politicians welcome blockchain, civil servants don’t wait for legislation to be implemented.
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Executive chairman of BBVA Group Francisco Gonzalez calls for better understanding of cryptocurrencies, as the world is going through a “digital revolution”.
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Spanish banking giant BBVA and energy company Repsol have partnered to develop blockchain-based financial solutions for corporate banking.
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