Spain’s Second-Largest Bank Will Soon Launch Crypto Services: Sources
BBVA is poised to enter the cryptocurrency trading and custody space, according to two people familiar with the plans.
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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....
Bit2Me, Spain’s largest cryptocurrency exchange, has raised $20.9 million (20M EUR) following record-breaking public token sales involving its newly-launched Ethereum-based token, B2M. The amount was raised in three separate rounds, each of which saw sub-minute sellouts, as well as a result of interest from private networks and partners. Indeed, as token sales go, B2M is […]
The Singaporean multinational banking and financial services corporation DBS published an announcement revealing it was launching a cryptocurrency exchange. The announcement was later removed by the company, but crypto proponents have learned about the upcoming support for assets like bitcoin, ethereum, and bitcoin cash. DBS Bank Ltd is Southeast Asia’s largest bank in terms of assets under management (AUM), as the corporation’s 100+ branches hold more than $600 billion today. The bank published information on the subject and then swiftly removed the announcement. However, a....
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 […]