The oldest bank in the US, New York Mellon Corp. will hold, transfer and issue bitcoin (BTC) and other unspecified cryptoassets on behalf of its asset-management clients, the Wall Street Journal reported, citing Roman Regelman, chief executive of BNY Mellon’s asset-servicing and digital businesses.
You May Also Like
Crypto Players Plea for More Opposition to FinCEN Regulation Proposal
- byEmma Gomez
- December 29, 2020
Industry players are urging the crypto community to mount an assault on Washington in a bid to halt…
5 Projects Bringing Institutional-Grade Products to Crypto
- byEmma Gomez
- January 18, 2021
The anticipated flow of institutional capital into the crypto market has been a popular narrative over the last…
Ethereum Starts Corrective Decrease, Why ETH Remains Attractive Near $1,500
- byEmma Gomez
- February 7, 2021
Ethereum traded to a new all-time high near $1,750 before correcting lower against the US Dollar. ETH price…