Spain’s second-largest bank with about $840 billion in assets, BBVA, is reportedly launching cryptocurrency trading and custody services in the next few months,sources say.
Institutional investors have put in $429 million into cryptocurrency funds and products the week ending on December 7, the second-highest on record, pushing the sector’s assets under management to a $15 billion all-time high.
Square has announced support for the use of renewable energy in bitcoin mining with its new Bitcoin Clean Energy Investment Initiative. The firm is committing $10 million to support companies that “help drive adoption and efficiency of renewables within the bitcoin ecosystem.”
Top stories in the Crypto Roundup today:
- Spanish Banking Giant BBVA Could Soon Launch Crypto Services
- Crypto Fund Investment Inflows Hit Second-Highest Level on Record
- Square Announces Support For Use of Renewable Energy in Bitcoin Mining
- BEL, THETA, TFUEL Are Moving in the Crypto Market