Binance has partnered with BBVA, Spain's third-largest bank, to offer customers the ability to hold cryptocurrency assets off-exchange, according to the Financial Times. This collaboration aims to enhance institutional trust by providing independent custody services, allowing clients to store Bitcoin and other digital assets outside of Binance's exchange platform. BBVA will act as an independent custodian, safeguarding investor assets in a move reminiscent of traditional financial custody models. Separately, Binance has become the first member of the newly launched T3+ Global Collaborator Program, a financial crime unit founded by TRON, Tether, and TRM Labs. The T3 Financial Crime Unit has reportedly frozen over $250 million in illicit assets worldwide, with Binance's involvement marking a commitment to combating illicit activity within the blockchain space.