Key Highlights:
  • BBVA adopts Ripple Custody for its new retail crypto service

  • Customers in Spain can now trade and store BTC and ETH securely

  • Builds on Ripple and BBVA’s existing global partnership

Ripple Powers BBVA’s Crypto Push

Spanish banking giant BBVA has deepened its partnership with Ripple, adopting Ripple’s custody technology to expand crypto services to retail customers in Spain. The service allows users to trade and store bitcoin and ether directly through the bank.

Compliance and Security First

Ripple Custody provides institutional-grade infrastructure with strict compliance controls. BBVA executives said the move ensures customers get direct and secure access to digital assets, aligned with Europe’s MiCA regulations.

Expanding a Longstanding Partnership

Ripple and BBVA have already worked together in Switzerland and Turkey, and on cross-border payments pilots. Now, the collaboration extends to Spain, marking a new milestone in mainstream European crypto adoption.

Read the full article on theblock.