BBVA Launches Crypto Services in Spain with Support from Ripple’s Custody Technology

Spanish banking giant BBVA has expanded its digital asset services, launching crypto trading and custody offerings for retail customers in the country. This move aligns with the European Union’s Markets in Crypto-Assets (MiCA) framework, which aims to provide clarity and confidence to banks venturing into the cryptocurrency space. BBVA will leverage Ripple’s institutional-grade digital asset custody technology, a key component of its new offering for customers interested in Bitcoin (BTC) and Ethereum (ETH).