BNY Mellon's New Structure Approved by SEC for Crypto Custody, Goes Beyond ETFs, Says Gensler

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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