BNY Mellon's New Structure Approved by SEC for Crypto Custody, Goes Beyond ETFs, Says Gensler
8 months ago
In a seminal moment that speaks volumes of the changing face of financial markets, the US Securities and Exchange Commission has just approved a groundbreaking structure proposed by BNY Mellon for the custody of cryptocurrencies. None other than the SEC Chairman, Gary Gensler, stated that news and underlined the fact that the new structure will go far beyond the realm of ETFs.
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BNY Mellon to Custody Crypto Assets for ETFs Pending SEC Review
8 months ago
In a landscape-changing move, if there ever was one in the cryptocurrency world, BNY Mellon announced it would custody crypto assets for ETFs on Monday after a review by the United States' SEC. The initiative by the venerable bank underlines growing interest from Wall Street in the burgeoning digital currency sector.
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