Yeliz Akmaca 
Ripple (XRP) is strengthening its banking partnerships across Europe by taking a new step in Spain. The company expanded crypto custody services in collaboration with BBVA. Recently, BBVA launched new services for Bitcoin and Ethereum transactions through its mobile platform. Ripple technology integrated directly into these services.
BBVA customers can now securely store crypto assets within the app. Ripple Custody infrastructure was created following Ripple’s acquisition of Metaco. This infrastructure previously integrated with BBVA systems in Switzerland and Turkey. However, it is now active in Spain for the first time.
European Union’s MiCA regulations are accelerating sector developments. Banks can provide safer and more transparent solutions under these rules. Additionally, BBVA continues to develop crypto services fully compliant with regulations. This ensures customers can invest and store assets securely.
MiCA Regulations and Crypto Integration in Banking
MiCA offers a roadmap for financial institutions across Europe. BBVA’s new integration is a practical example of this framework. The bank allows customers to maintain full control over digital assets using Ripple technology. At the same time, security, transparency, and regulatory compliance are guaranteed.
Ripple’s strategy in the European market is attracting attention. The company produces banking-focused solutions while XRP ecosystem use cases continue to grow. Meanwhile, BBVA provides customers with full-service management through a single app. In other words, crypto investment and custody are managed from a single platform.
Finally, Ripple and BBVA’s partnership has become a model example in Europe. Moreover, this model serves as a guide for other banks. Ripple contributes to the digital transformation of European financial institutions through regulated, secure solutions.
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