The XRP Cryptocurrency Station, Ripple Company, has signed an agreement with BBVA Bank to provide technology to support the new custody and sales of Cryptocurrency.
Bank of Spain uses Ripple Custodya custody infrastructure for digital assets developed by US companies offers Spanish retail customers the possibility of operating in Bitcoin (BTC) and Ether (ETH).
Until now, The bank was already working for Ripple and Türkiye in Switzerlandand both companies have developed a real-time international remittance pilot.
Cassie Craddock, general director of Ripple for Europe, stressed that the European Union’s entry into the outbreak of Cryptoactive Market Regulation (MICA) is driving banks to meet the growing demand for services with digital assets. “Now that regulations have been established throughout Europe, banks in the region are encouraged to launch offers of digital assets that their clients are requesting,” he said.
Yes OK This announcement has no direct connection to XRP cryptocurrency,The expansion of the company at the international level could be a catalyst wrapped in other factors due to the price of digital assets, to give visibility and raise awareness of the company’s severity. Currently, XRP is the third most valuable cryptocurrency on the market, and as Cryptootics reports, there are analysts on projects that could exceed $4 in this upward cycle.