BNY Mellon becomes the first U.S. bank approved for crypto custody services beyond ETFs.

Sept 27, 2024 Sept 27, 2024

Gary Gensler affirms BNY Mellon’s custody model can extend beyond Bitcoin and Ethereum.

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BNY Mellon’s crypto wallet structure separates client assets from bank assets during insolvency.

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SEC’s approval is based on wallet structure, not the type of crypto assets being stored.

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BNY Mellon offers regulated crypto custody amid high fees from non-bank custodians.

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GET MORE INSIGHTS ON SEC TODAY

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