Spain’s Second Largest Bank BBVA Subsidiary Launches Crypto Custody Service in Türkiye

Odaily News Garanti BBVA, the Turkish subsidiary of BBVA, Spain's second-largest bank with $700 billion in assets, has begun offering crypto custody services. "Garanti BBVA Digital Assets now allows customers to transfer and store BTC, ETH and USDC assets on its mobile platform Garanti BBVA Crypto," the bank said in a statement. Garanti BBVA Executive Vice President Çağrı Süzer said the pilot study of the new service was successful. He said: "The beta version of the Garanti BBVA Crypto application has previously provided this service to some customers, and now it is available to all customers. Although we initially provide services for BTC, ETH and USDC, we will continue to grow in the future by increasing the diversity of assets and service infrastructure." (Trustnodes)