Cryptocoins News / The Cointelegraph - 1 year ago
The bank will store private keys and provide bookkeeping services equivalent to those offered to fund managers in traditional assets. BNY Mellon launched a digital cus...
Bitcoin News / Google News Bitcoin - 1 year ago
Report: The Oldest Bank in America, BNY Mellon Can Now Custody Bitcoin and Ethereum – Bitcoin News& & Bitcoin News
Bitcoin News / Bitcoin.com - 1 year ago
America’s oldest bank, the Bank of New York Mellon Corporation, commonly known as BNY Mellon, has announced the financial institution can now custody cryptocurrencies. A report published by the Wall Street Journal on Tuesday, says BNY Mellon w...
Bitcoin News / Bitcoin Magazine - 1 year ago
The world’s largest custodian bank can now receive and store customers’ bitcoin and cryptocurrency, following a regulatory approval in New York.BNY Mellon can now provide bitcoin custody services.The centuries-old institution won the approval of New...
Bitcoin News / Bitcoin.com - 1 year ago
Several major financial services firms, including Citi, Wells Fargo, and BNY Mellon, are investing in institutional digital asset technology provider Talos, which aims to remove “the barriers to wide-scale crypto adoption.” The...
Cryptocoins News / Blockchain - 2 years ago
The Bank of New York Mellon Corporation, popularly known as BNY Mellon, has been selected to serve as the “primary custodian” for the reserve assets behind the USDC stablecoin, a cryptocurrency whose value is directly pegged to the U.S. dollar. Circ...
Bitcoin News / Bitcoin.com - 2 years ago
Boston-based Circle Internet Financial has announced the company has selected BNY Mellon to custody the firm’s usd coin (USDC) reserves. The company’s dollar-pegged crypto asset is currently the second-largest stablecoin with a current...
Cryptocoins News / The Cointelegraph - 2 years ago
2000 Total views 35 Total shares Listen to article News On Thursday, USD Coin (USDC) operator Circle announced that it had selected financial institution BNY Mellon as the custodian of its USDC reserves. Founded in 1784, BNY Mellon is one of th...
Cryptocoins News / The Cointelegraph - 2 years ago
BNY Mellon, a major investment bank, is developing a digital asset custody platform that will allow institutional customers to gain crypto exposure.According to a report from City A.M., customers will be able to store the world’s most popular cryptoc...
Cryptocoins News / The Cointelegraph - 2 years ago
The Bank of New York (BNY) Mellon has announced a partnership with blockchain-data platform Chainalysis to help track and analyze cryptocurrency products. BNY Mellon is the world’s largest custodian bank, currently overseeing $46.7 trillion in assets...
Bitcoin News / Bitcoin.com - 2 years ago
As authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own rules for the space. BNY Mellon launched its digital asset business in Ireland this ye...
Cryptocoins News / The Cointelegraph - 2 years ago
Traditional financial institutions such as State Street and BNY Mellon continue to get involved in the fast-evolving cryptocurrency space. Bank of New York Mellon is j...
More / Bitcoin Reddit - 2 years ago
Grayscale, managing over $30 billion in digital assets is set to transfer fund account and administration functions for their flagship Bitcoin Trust to BNY Mellon in October. This is still in line with Grayscale's purpose of converting GBTC into...
Bitcoin News / Bitcoin.com - 2 years ago
Grayscale Investments has engaged the oldest bank in the U.S., BNY Mellon, to provide asset servicing for its bitcoin trust. The bank will also provide ETF services for the bitcoin trust upon its conversion to an exchange-traded fund (ETF).
Grayscale...
Cryptocoins News / The Cointelegraph - 2 years ago
The new agreement further reinforces Grayscale’s commitment to converting Grayscale Bitcoin Trust into an ETF as its strategic goal. The bank of New York Mellon (BNY M...
Cryptocoins News / The Cointelegraph - 2 years ago
Francesca Fornasari believes that Bitcoin may not be suitable for most institutional investors. Despite BNY Mellon’s entrance into Bitcoin (BTC), the CEO of one of the...