BNY Mellon Enters Crypto Custody! SEC Approves Broader Digital Asset Services

TL;DR The SEC approves BNY to offer digital asset custody. The structure of the Bank of New York could be applied beyond Bitcoin and Ethereum ETFs. Customer assets will be protected against bank insolvencies. The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, confirmed that the Bank of New York Mellon (BNY) ... source: https://crypto-economy.com/bny-mellon-enters-crypto-custody-sec-approves-broader-digital-asset-services/