BNY Mellon Moves Forward With Bitcoin Custody Services Following SEC Exemption

Bank of New York Mellon (BNY Mellon) is making significant strides toward launching custody services for Bitcoin (BTC) and Ethereum (ETH), following its recent exemption from the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin (SAB) 121.  As previously reported by Bitcoinist on Friday, BNY Mellon is the first bank to receive this exemption, allowing it to avoid treating... source: https://www.newsbtc.com/bitcoin-news/bny-mellon-moves-forward-with-bitcoin-custody-services-following-sec-exemption/