Fireblocks helps BNY Mellon, BNP Paribas and others offer cryptocurrency services

Odaily Planet Daily News Fireblocks expands its services to make it easier for banks to enter the cryptocurrency space. Fireblocks has already begun helping existing clients such as BNY Mellon and BNP Paribas leverage cryptocurrencies. Shahar Madar, director of security products and research at Fireblocks, said, "Cryptocurrency looks like money and acts like money, but it's different. You have to find a way to follow the guidelines that banks already have, and most of them want to do it in this area." Innovate, but they're often limited in what they can actually do." Fireblocks recently expanded its support to allow banks to introduce encryption services by integrating hardware security modules as well as public and private clouds. (DL News)