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BNY Mellon Will Hold Bitcoin and Ethereum for Clients. Here’s Why It Matters

BNY Mellon Will Hold Bitcoin and Ethereum for Clients. Here’s Why It Matters

Bitcoin Bitcoin BNY Mellon will commence receiving Bitcoin and Ethereum for customers today, The Wall Street Journal has reported. Key Takeaways BNY Mellon will start receiving Bitcoin and Ethereum for clients this week after winning approval from New York’s financial regulator, The Wall Street Journal has reported. The centuries-old Wall Street bank has increasingly taken steps to embrace crypto this year. While crypto winter has cast doubt on the space’s future, institutional interest in the space is still strong. BNY Mellon has taken several steps to embrace digital assets this year.  Bitcoin BNY Mellon Offering Crypto Custody  America’s oldest bank […]