Altcoins News
By Sakamoto Nashi
1 / 15
Binance Embraces Traditional Finance. The decision to bring BBVA on board as a third-party custodian reflects Binance’s evolving approach.
2 / 15
A Preemptive Move Against Exchange Risks. An insider familiar with the matter described the decision as a proactive step to avoid what they…
3 / 15
A Safer Alternative to Ceffu?. Previously, Binance offered custody services via a lesser-known entity called Ceffu, which U.S.
4 / 15
The Broader Trend Toward Custody Reform. The FTX fallout served as a wake-up call for the entire crypto industry.
5 / 15
Will More Exchanges Follow Suit?. It’s likely that Binance’s new approach will influence other crypto exchanges, especially as…
6 / 15
Final Thoughts. Binance’s collaboration with BBVA could mark a turning point in how digital assets are managed and…
7 / 15
Binance is shifting its strategy in a big way by collaborating with major traditional banks, starting with Spain’s BBVA, in a move designed to protect user funds and prevent a…
8 / 15
This partnership signals a growing trend in the crypto industry: turning to established financial institutions to provide secure and regulated custody solutions.
9 / 15
According to a report by the Financial Times, BBVA—Spain’s third-largest bank—is now among a select group of trusted custodians Binance will work with to hold customer assets.
10 / 15
These assets will then be used as margin for trading on Binance, but will remain under the secure custody of the bank, not the platform itself.
11 / 15
By contrast, Binance's latest strategy involves separating exchange operations from asset storage.
12 / 15
BBVA isn’t new to the digital asset world. The Spanish banking giant has been quietly building out its crypto and blockchain services, particularly through its Switzerland arm,…
13 / 15
By selecting BBVA, Binance is also signaling that it's ready to meet the expectations of more cautious investors—especially institutional clients—who may prefer having their…
14 / 15
Previously, Binance offered custody services via a lesser-known entity called Ceffu, which U.S. regulators have described as “a mysterious Binance-related entity.
15 / 15
The new partnership with BBVA (and reportedly other banks like Switzerland’s Sygnum and FlowBank) provides customers with a more established and regulated alternative, reducing…
The Currency Analytics
Want the full story?