{"id":59139,"date":"2025-09-09T14:52:00","date_gmt":"2025-09-09T14:52:00","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/spanish-bank-bbva-taps-ripple-to-power-retail-crypto-custody-under-mica\/"},"modified":"2025-09-09T14:52:00","modified_gmt":"2025-09-09T14:52:00","slug":"spanish-bank-bbva-taps-ripple-to-power-retail-crypto-custody-under-mica","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/spanish-bank-bbva-taps-ripple-to-power-retail-crypto-custody-under-mica\/","title":{"rendered":"Spanish bank BBVA taps Ripple to power retail crypto custody under MiCA"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/03\/BBVA-gets-nod-to-offer-Bitcoin-and-Ethereum-trading-services-in-Spain-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/03\/BBVA-gets-nod-to-offer-Bitcoin-and-Ethereum-trading-services-in-Spain-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/03\/BBVA-gets-nod-to-offer-Bitcoin-and-Ethereum-trading-services-in-Spain-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/03\/BBVA-gets-nod-to-offer-Bitcoin-and-Ethereum-trading-services-in-Spain-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Ripple and BBVA extend earlier collaborations in Switzerland and Turkey.<\/li>\n<li>BBVA launches retail crypto custody for BTC and ETH using Ripple.<\/li>\n<li>MiCA regulation gives banks confidence to expand digital asset services.<\/li>\n<\/ul>\n<p>Ripple has <a href=\"https:\/\/ripple.com\/ripple-press\/ripple-expands-footprint-into-spain-through-new-agreement-with-bbva\/\">announced<\/a> that Spain\u2019s second-largest bank, BBVA, would integrate its institutional-grade custody technology into the bank\u2019s retail crypto platform in Spain.<\/p>\n<p>This signals a new phase of mainstream adoption for digital assets in Europe, coming at a time when the region\u2019s banks are embracing the regulatory clarity provided by the EU\u2019s <a href=\"https:\/\/coinjournal.net\/news\/spain-to-implement-mica-six-months-ahead-of-eu-deadline\/\">Markets in Crypto-Assets (MiCA) law<\/a>.<\/p>\n<h2>Ripple\u2019s crypto custody enters Spain<\/h2>\n<p>The agreement between Ripple and BBVA enables BBVA customers to trade and securely hold bitcoin and ether directly within the bank\u2019s mobile application.<\/p>\n<p>By using Ripple Custody, BBVA can manage cryptocurrencies and tokenised assets without depending on third-party intermediaries, giving customers a more seamless and trusted experience.<\/p>\n<p>The Spanish lender disclosed the new offering to Spain\u2019s National Securities Market Commission (CNMV), underscoring its commitment to transparency and compliance.<\/p>\n<p>With this rollout, BBVA becomes one of the first major European banks to make crypto trading and custody services available to retail clients under a fully regulated framework.<\/p>\n<h2>Building on past collaborations<\/h2>\n<p>The new agreement is not the first between the two companies. <a href=\"https:\/\/coinjournal.net\/news\/bbva-partners-with-ripples-metaco-to-expand-its-crypto-services-in-switzerland\/\">Ripple and BBVA have previously worked together<\/a> in Switzerland and Turkey, where the custody technology was deployed to support similar initiatives.<\/p>\n<p>BBVA\u2019s Swiss unit had already collaborated with Metaco, the digital asset firm Ripple acquired in 2023, to build out its custody operations.<\/p>\n<p>The pair also tested real-time cross-border payments in earlier pilot projects, signalling a broader ambition beyond custody alone.<\/p>\n<p>Last month, BBVA was reported to have taken on a role as one of the few independent custodians serving clients of Binance, the world\u2019s largest crypto exchange.<\/p>\n<h2>European banks can offer crypto services under MiCA<\/h2>\n<p>BBVA\u2019s move in Spain reflects a broader shift within Europe\u2019s financial industry.<\/p>\n<p>MiCA\u2019s implementation has given traditional banks a clear path to enter the crypto sector while ensuring customers remain protected.<\/p>\n<p>Ripple executives have pointed to MiCA as a turning point for the European banking sector.<\/p>\n<p>Cassie Craddock, Ripple\u2019s managing director for Europe, noted that the regulation gives banks the confidence to deliver digital asset services their customers have long demanded.<\/p>\n<p>By adopting Ripple\u2019s custody solution, BBVA can scale its offering to meet rising demand without compromising on compliance or security.<\/p>\n<p>For Ripple, the deal in Spain adds another milestone in its strategy to support regulated financial institutions across Europe.<\/p>\n<p>BBVA echoed the same sentiment, stressing that customers can now explore digital assets while maintaining the security expected from a global bank.<\/p>\n<p>Francisco Maroto, who heads the lender\u2019s digital asset unit, said Ripple\u2019s custody system delivers the reliability and security needed to earn customer trust.<\/p>\n<p>Moroto added that the partnership allows BBVA to provide an end-to-end custody service, strengthening the bank\u2019s position as a leader in Europe\u2019s evolving crypto landscape.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/spanish-bank-bbva-taps-ripple-to-power-retail-crypto-custody-under-mica\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Ripple and BBVA extend earlier collaborations in Switzerland and Turkey. BBVA launches retail crypto custody for BTC and ETH using Ripple. MiCA regulation gives banks confidence to expand digital asset services. Ripple has announced that Spain\u2019s second-largest bank, BBVA, would integrate [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":59140,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/59139"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=59139"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/59139\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/59140"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=59139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=59139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=59139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}