BNY targets crypto ETF custody post-SAB 121 review

Following an exemption from an SEC staff accounting bulletin, BNY edged closer to Bitcoin and Ethereum custody. Bloomberg reported that BNY was poised to provide crypto custodial services for spot Bitcoin (BTC) and spot Ether (ETH) exchange-traded funds on Wall…

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BNY Mellon targets crypto ETF custody post-SAB 121 review

Following an exemption from an SEC staff accounting bulletin, BNY Mellon edged closer to Bitcoin and Ethereum custody. Bloomberg reported that BNY Mellon was poised to provide crypto custodial services for spot Bitcoin (BTC) and spot Ether (ETH) exchange-traded funds…

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BNY Mellon may have received SEC approval to custody Bitcoin and crypto assets

BNY Mellon may receive SEC approval to custody Bitcoin, potentially setting a precedent for other banks in the crypto space. The post BNY Mellon may have received SEC approval to custody Bitcoin and crypto assets appeared first on Crypto Briefing.

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BNY Mellon SAB 121 exemption may herald bank Bitcoin custody

Bank of New York Mellon, the largest U.S. custodian bank, scored an exemption from a controversial SEC rule that may enable Bitcoin custody. Institutional custody of Bitcoin (BTC) and cryptocurrencies in the U.S. took a step forward as BNY Mellon…

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Banking Powerhouse HSBC Working With Crypto Custody Firm Fireblocks: Sources

Fireblocks, which specializes in cryptocurrency safekeeping technologies such as multi-party computation (MPC), already works with BNY Mellon and BNP Paribas.

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BNY Mellon’s crypto custody venture runs afoul of SEC rules

The Bank of New York Mellon’s (BNY Mellon) foray into the digital asset custody business has hit a regulatory hurdle, per American Banker. It emerged that the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin 121 (SAB 121) requires custodians of digital assets to record those assets on their balance sheets.

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Nasdaq looking to launch crypto custody by the end of Q2

Nasdaq finally joins the ranks of TradFi giants such as Fidelity, BNY Mellon, and BlackRock in offering crypto services. The exchange plans to launch its crypto business with custody services fThe post Nasdaq looking to launch crypto custody by the end of Q2 appeared first on AMBCrypto.

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Nasdaq Eyeing Q2 2023 Release For Bitcoin And Crypto Custody Platform

The exchange giant is joining Fidelity and BNY Mellon in the pursuit of their own cryptocurrency custody platform.

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BNY Mellon Says Client Demand for Crypto Led to Custody Offering

Client demand for crypto was the key factor in launching a crypto custody offering, BNY Mellon’s CEO Robin Vince said on the company’s third quarter earnings conference call Monday.

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Google and Coinbase strike a deal, BNY Mellon begins crypto custody and WisdomTree’s Bitcoin ETF gets denied: Hodler’s Digest, Oct. 9-15

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Digital Asset Bank Custodia Files Lawsuit in U.S. Court Over BNY Mellon's Crypto Approval

Custodia alleges the Federal Reserve Board of Governors showed favoritism over approval delays, while giving BNY Mellon a green light to engage in crypto custody.

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Custodia Bank founder Caitlin Long has some strong words about the Fed and BNY Mellon

The head of the Wyoming-based bank was taken aback when BNY Mellon was approved to provide crypto custody services; her bank’s master account application is still not processed.

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BNY Mellon Offers Crypto Custody & Custodia Bank’s Caitlin Long Blasts The Fed

Yeah, yeah, the BNY Mellon entered the crypto custody business. The real story here is Custodia Bank’s Caitlin Long’s emotional speech at DC Fintech Week. The bitcoin enthusiast banker left the rest of the panel speechless by accusing the Federal Reserve of giving preferential treatment to BNY Mellon. “We’ve been waiting for two and a […]

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BNY Mellon, The Oldest Bank in The U.S., Will Provide Crypto Custody Service

BNY Mellon has stated it would start accepting cryptocurrency assets from customers, making it the first major U.S. bank to protect digital properties and traditional holdings on the same network.

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BNY Mellon launches its Digital Asset Custody platform

In the latest cryptocurrency news, BNY Mellon, an investment and wealth management company that’s also the world’s leading custody provider, has unveiled its digital assets platform that will see customers benefit from crypto services offered alongside traditional products.

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BNY Mellon Officially Enters Cryptocurrency Custody Business

Bank of New York Mellon has become first major U.S. banking institution to act as cryptocurrency custodian

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BNY Mellon receives New York approval for crypto custodial services

The oldest bank in the United States, Bank of New York Mellon (BNY Mellon), has received approval to add digital assets custody to its services, The Wall Street Journal reported on October 11. The post BNY Mellon receives New York approval for crypto custodial services appeared first on CryptoSlate.

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BNY Mellon Now Offers Bitcoin Custody Services: Report

The world’s largest custodian bank can now receive and store customers’ bitcoin and cryptocurrency, following a regulatory approval in New York.

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BNY Mellon Will Hold Bitcoin and Ethereum for Clients. Here’s Why It Matters

BNY Mellon has taken several steps to embrace digital assets this year. BNY Mellon Offering Crypto Custody Americas oldest bank has the green light to start receiving crypto on behalf...

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BNY Mellon Starts Crypto Custody Service

The custodial lender earlier fall received approval from the NYDFS to begin holding bitcoin and ether for certain customers, reports the WSJ.

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BNY Mellon to Custody Assets Backing Circle's USDC Stablecoin

The relationship likely carries publicity upside for both financial brands.

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America’s oldest bank to launch institutional crypto custody service

The Bank of New York Mellon Corporation, better known as BNY Mellon, is reportedly gearing up to become “the first [bank] to enter the global digital custody space” later this year. The post America’s oldest bank to launch institutional crypto custody service appeared first on CryptoSlate.

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BNY Mellon plans to launch digital asset custody platform later this year

The investment bank reportedly said it will begin with the United States and then expand worldwide based on market demand.

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America’s oldest bank partners with Chainalysis to track crypto transactions

BNY Mellon, America’s oldest bank, announced that it has partnered with Chainalysis to integrate the latter’s compliance software suite with its multi-asset digital custody and administration platform.

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BNY Mellon Joins World's Largest Custody Banks in Cryptocurrency Trading Support

Cryptocurrency trading platform receives backing by world's largest custody banks

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BNY Mellon Sets Up Crypto Unit in Ireland as Central Bank Says Bitcoin Is ‘of Great Concern’

U.S. banking corporation BNY Mellon is gearing up to offer crypto custody services out of Dublin where it has just established a digital hub. The news coincided with a stark warning issued by a top central bank official in Ireland who said people should only buy bitcoin if they’re prepared to lose money. BNY Mellon […]

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BNY Mellon values Bitcoin on par with gold, what’s their price target?

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.

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“Very Significant Demand for Digital Assets,” says BNY Mellon Investing in Crypto Custody Startup, Fireblocks

Bank of New York Mellon Corp. is investing in cryptocurrency startup Fireblocks that builds tools for the transfer and storage of cryptocurrencies, reported the Wall Street Journal — yet another move by a traditional Wall Street player to embrace crypto assets.

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Silicon Valley VCs and BNY Mellon announce $133M million investment in Fireblocks for Bitcoin custody

The Bank of New York Mellon, known as BNY Mellon, is one of several investment firms investing in Fireblocks, a startup platform for digital asset custody. The post Silicon Valley VCs and BNY Mellon announce $133M million investment in Fireblocks for Bitcoin custody appeared first on CryptoSlate.

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BNY Mellon Speculated to Enlist Fireblocks Platform for BTC Custody Services

Corporate banking company BNY Mellon revealed it is working with a different entity for its digital asset custody services, although it did not specify any group. Fireblocks Rumor However, according to Coindesk, the investment giants are working with Fireblocks in holding cryptos in their client’s capacity.

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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.

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Bitcoin Tops New ATH Above $48,600 After BNY Mellon Announces Digital Asset Custody

Continue reading at Coinspeaker

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USA's BNY Mellon to introduce Bitcoin custody plans: Report

While the world's largest cryptocurrency has faced some regulatory ire over the past few months and years, it would seem that Bitcoin has found a friend in the oldest bank in the United States of AmerThe post USA's BNY Mellon to introduce Bitcoin custody plans: Report appeared first on AMBCrypto.

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BNY Mellon Offers Bitcoin Custody, Says Crypto Is “Mainstream”

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America's oldest bank, BNY Mellon, will custody Bitcoin

The chief executive of the bank's asset-servicing business says digital assets are becoming "part of the mainstream."

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Custody Battle Pits Institutional Boomers Against Crypto Upstarts

Crypto custodians are in a race to build the next State Street or BNY Mellon.

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Trustology, a New Crypto Custody Provider for Institutions, Releases Hot Wallet ‘TrustVault’

Trustology, a company created by bankers who worked on companies such as BNY Mellon, UBS and the Bank of America, has recently released a new product: a custodial hot wallet that is catered to institutional investors.

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BNY Mellon Appointed as transfer agent & administrator for Bitwise’s Bitcoin ETF

BNY Mellon has been authorized to be the transfer agent and administrator of Bitwise Asset Management’s proposed Bitcoin exchange-traded fund. As of December 2018, the New York-based bank had over $33 trillion in assets under custody and has been involved in cryptocurrency and blockchain before.

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Bakkt buys crypto asset custody company

Bakkt has acquired crypto custodian, Digital Asset Custody Company, and partnered with custodial bank, BNY Mellon. These developments are part of its strategy to provide a fully regulated, end-to-end crypto asset custody and trading ecosystem for institutional investors.

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Криптовалютная торговая платформа Bakkt приобрела компанию-кастодиана

Криптовалютная торговая площадка Bakkt, которая сейчас ожидает получения одобрения от Комиссии по операциям с фьючерсами США, сообщила о покупке Digital Asset Custody Company. За безопасность физических приватных ключей на будущей бирже будет отвечать банк BNY Mellon.

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Bakkt купила компанию для хранения криптовалют

Институциональная платформа биткоин-фьючерсов Bakkt объявила о покупке компании Digital Asset Custody Company (DACC), а также раскрыла информацию о партнерстве с крупным американским банком BNY Mellon. Об этом она сообщила у себя в блоге.

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Криптовалютная торговая платформа Bakkt приобрела компанию-кастодиана

Ожидающая одобрения на запуск от Комиссии по торговле товарными фьючерсами США (CFTC) криптовалютная торговая платформа Bakkt сообщила о том, что приобрела компанию-кастодиана Digital Asset Custody Company (DACC), а физическую безопасность приватных ключей намерена обеспечить благодаря распределенному хранению в сотрудничестве с банком BNY Mellon.

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Bitcoin Futures Market Bakkt is Working Closely With BNY Mellon

Bakkt, a bitcoin futures market operated by ICE, the parent company of the New York Stock Exchange, is working closely with a major U. S. bank BNY Mellon according to Bakkt COO Adam White. Read about @Bakkt's custody solution and why we've filed to become a NY trust, plus our acquisition of DACC and how we're.

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Bakkt приобрела компанию-поставщика услуг по хранению криптовалют

Институциональная платформа биткоин-фьючерсов Bakkt объявила в понедельник, 29 апреля, о покупке компании Digital Asset Custody Company (DACC), а также раскрыла информацию о партнерстве с крупным американским банком BNY Mellon.

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Bakkt Acquires Crypto Custodian, Partners With BNY Mellon on Key Storage

Bitcoin futures exchange Bakkt has acquired the Digital Asset Custody Company and is working with global bank BNY Mellon on crypto key storage.

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BNY Mellon Sends Cease and Desist to an Ethereum Based Competitor, Melonport

BNY Mellon, the world’s largest custodian bank and asset servicing company with $1. 9 trillion in assets under management and $33. 3 trillion in assets under custody, has sent a cease and desist.

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First, the Coinbase Taps Regulation Veteran for the Crypto Compliance Leadership

Cryptocurrency exchange Coinbase has announced the appointment of its first-ever chief compliance officer as it moves to become a licensed broker-dealer in the U.S. Horowitz has spent the last 12 years leading the compliance team at Pershing, a BNY Mellon company and also one of the largest providers of brokerage custody. All those roles saw

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Coinbase puts former banking exec in charge of global compliance

Perhaps feeling pressure from worldwide regulators, international cryptocurrency exchange Coinbase has finally resorted to arming itself with a chief compliance officer, Reuters reports. They’ve put Jeff Horowitz in charge of keeping Coinbase in line as it continues its global expansion.

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