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Binance partners with Spanish bank BBVA to offer safer cryptocurrency storage for users.
Binance, the world's largest cryptocurrency exchange, is working with Spanish bank BBVA to allow customers to store their digital assets with the bank instead of on the exchange.
This move aims to enhance security and trust, especially after Binance faced a $4.3 billion fine for violating anti-money laundering laws.
BBVA will act as an independent custodian, separating trading activities from asset storage to reduce risks associated with exchange failures.
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Binance se asoció con el banco español BBVA para ofrecer un almacenamiento de criptomonedas más seguro para los usuarios.