Binance Teams up With BBVA for Off-Exchange Custody
Crypto exchange Binance has reportedly teamed up with Spain’s BBVA to enable clients to store collateral outside the trading platform. In this arrangement, BBVA — the nation’s third-largest lender — will act as an independent custodian, holding client funds in US Treasuries that Binance accepts as margin for trades. The collaboration aims to reduce counterparty […]
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