Video: International Bank BBVA's Quick Explanation of Bitcoin
Do you wonder how big banks view Bitcoin? BBVA, who recently ranked Swedish exchange Safello as a finalist in their annual financial technology competition, BBVA Open Talent, followed up with a short explainer video on Bitcoin. In the space of three minutes, BBVA customers are treated to an accurate portrayal of how Bitcoin works from the perspective of a consumer. Also read: New York Stock Exchange and Former Citigroup CEO Invest in Coinbase; https://www.youtube.com/watch?v=l8S-wkpBDW0
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BBVA, the second-largest bank in Spain, has announced the launch of its bitcoin trading and custody service through its Swiss subsidiary. Beginning with bitcoin, BBVA plans to expand its services for other cryptocurrencies. BBVA Rolls Out Bitcoin Trading and Custody Services BBVA announced on Wednesday that it “has begun to roll out the trials of what will become its first commercial service for the trading and custody of digital assets.” BBVA (Banco Bilbao Vizcaya Argentaria) is Spain’s second-largest bank after Banco Santander. The group was founded in 1857 and has 727....
While there were many big-name participants in Coinbase's most recent $75m funding round, perhaps no name caught more attention than BBVA Ventures, the private equity subsidiary of Spanish multinational bank Banco Bilbao Vizcaya Argentaria (BBVA). BBVA's direct investment in the round is especially notable given the continued difficulties companies in the bitcoin and wider digital currencies space face obtaining even operational bank accounts. However, according to BBVA Ventures executive director Jay Reinemann, his company's decision to invest in Coinbase does not indicate that its parent....
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In an announcement made earlier today, US-based blockchain company Ripple said that it had inked an agreement with leading Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA) to provide the financial institution with Bitcoin (BTC) and Ethereum (ETH) custody services. Ripple To Provide Bitcoin, Ethereum Custody Services To BBVA Ripple, the blockchain firm behind the XRP […]
BBVA Switzerland will soon begin offering Bitcoin trading to private banking clients while not providing any advisory services on crypto investments. Banco Bilbao Vizcaya Argentaria (BBVA) — Spain’s second-largest bank — is set to offer Bitcoin (BTC) trading and custody services in Switzerland.According to a release issued on Friday, BBVA Switzerland will begin Bitcoin trading for all private banking clients interested in crypto assets from June 21.This initial crypto trading service isonly for Bitcoin but the bank says it has plans to extend its offering to other cryptocurrencies.....