BNY Mellon to Offer Customers Bitcoin and Ethereum Storage Service
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US holding BNY Mellon will soon allow its customers to store cryptocurrencies on the platform along with traditional financial instruments.
According to the Wall Street Journal, the bank has just received the appropriate permission from the New York regulator. Thanks to this, some of the customers of the bank will have the opportunity to store Bitcoin and Ethereum starting already this week.
The bank is studying the possibility of providing cryptocurrency custody services to more clients. Software from Fireblocks is used to organize storage and other operations with assets.
The Bank of New York Mellon is the oldest bank in the USA.
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