BNY Mellon Now Offers Bitcoin Custody Services: Report

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The world’s largest custodian bank can now receive and store customers’ bitcoin and cryptocurrency, following a regulatory approval in New York.BNY Mellon can now provide bitcoin custody services.The centuries-old institution won the approval of New York’s financial regulator to begin offering the service.The move comes as institutions attempt to cater to a growing demand for cryptocurrency services.Bank of New York Mellon (BNY Mellon), the world’s largest custodian bank, has launched bitcoin custody services, according to a report from the Wall Street Journal.America’ ...

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