Spain's Second Largest Bank BBVA's Turkish Subsidiary Begins Offering Cryptocurrency Custody Services

According to Odaily, Garanti BBVA, the Turkish subsidiary of Spain's second-largest bank BBVA, with assets worth $700 billion, has started offering cryptocurrency custody services. The bank announced that Garanti BBVA Digital Assets now allows customers to transfer and store BTC, ETH, and USDC assets on its mobile platform, Garanti BBVA Crypto. Çağrı Süzer, the Executive Vice President of Garanti BBVA, stated that the pilot study for this new service has been successful. He said, 'The beta version of the Garanti BBVA Crypto application had previously provided this service to some customers, and now all customers can use it. Although we initially provided services for BTC, ETH, and USDC, we will continue to grow in the future by increasing the diversity of assets and service infrastructure.'