Ripple Continues to Expand Banking Partnerships in Europe! Here's the Latest Partnership

Blockchain company Ripple continues to expand its banking partnerships in ￰0￱ company has signed a new agreement with leading Spanish bank BBVA to integrate its digital asset custody technology into the bank's crypto ￰1￱ Expands Digital Asset Custody Partnership with BBVA in Spain BBVA recently launched Bitcoin (BTC) and Ethereum (ETH) trading and custody services for individual ￰2￱ the new partnership, these services will be powered by Ripple's digital asset custody ￰3￱ move comes as the European Union's MiCA (Markets in Crypto-Assets) law, which regulates crypto-asset services, has come into force. “Thanks to the framework provided by MiCA, banks have begun to confidently offer the digital asset services their customers demand,” said Cassie Craddock, Ripple's European General ￰4￱ Custody was created last year when the company acquired the Swiss-based crypto custody firm ￰5￱ had previously implemented this technology in Switzerland and Türkiye.

BBVA Head of Digital Assets Francisco Maroto emphasized that the integration will enable the bank to offer end-to-end, secure custody services to its ￰6￱ currently holds more than 60 regulatory licenses ￰7￱ Spanish deal strengthens the company's position in Europe and signals a shift in how traditional banks approach ￰8￱ of relying on third-party providers, banks are opting to develop their own services with trusted infrastructure partners. *This is not investment ￰9￱ Reading: Ripple Continues to Expand Banking Partnerships in Europe! Here's the Latest Partnership