In February, one of the oldest financial institutions in the United States, Bank of New York Mellon, announced the launch of a custody service for Bitcoin and other cryptocurrencies. Claiming that BTC has become a widely accepted asset, the institution opted to get ahead in innovation. Now, BNY Mellon has …
Read More »Fireblocks crypto startup raises $133M in funding round with BNY Mellon
BNY Mellon, the oldest bank in the United States, continues to aggressively invest in the digital asset industry. Source link
Read More »BNY Mellon’s crypto entrance seeks to bridge generational adoption gap
Can BNY Mellon’s entry into the crypto space provide the fuel Bitcoin needs to pass the $50,000 mark, or is it an insignificant move? Source link
Read More »Can banks be their own bank? Deutsche Bank, BNY Mellon plan custody services
Experts say building custody solutions is tricky, but will become crucially important as crypto grows more valuable. Source link
Read More »It’s “Only Up” Season for Bitcoin as BNY Melon News Sends BTC to New Highs
Bitcoin has been caught in one of the strong uptrends seen since its parabolic rally first began in late-2020 The cryptocurrency has been seeing tremendous growth as of late that has come about primarily as a result of multiple signs of mainstream adoption Examples of this include Tesla’s decision to …
Read More »A $50K Bitcoin Possible as MasterCard, BNY Mellon Announces Crypto Integration
Bitcoin edged higher on Thursday after traders realized MasterCard’s plans to integrate cryptocurrencies into its traditional payment services later this year. The credit card giant’s revelation came days after Tesla, a Fortune 500 carmaker, showed a $1.5 billion worth of Bitcoin in its balance sheets this Monday, further asserting that …
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