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Wu Blockchain (@WuBlockchain): Binance is partnering with BBVA, Spain’s third-largest bank, to offer offline custody services. Client assets will be held at BBVA in the form of U.S.…

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Binance is partnering with BBVA, Spain’s third-largest bank, to offer offline custody services. Client assets will be held at BBVA in the form of U.S. Treasuries and used by Binance as collateral. Sources say the structure aims to prevent another “FTX-like” collapse. Neither party has commented. https://t.co/TEz1z2sO1W

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