US banking giant BNY Mellon says digital assets are 'here to stay'
Despite most of the cryptocurrency market being down 60% from all time highs, Demissie said the digital asset industry is “here to stay.”
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BNY Mellon, America's oldest bank, launches crypto services
The bank will store private keys and provide bookkeeping services equivalent to those offered to fund managers in traditional assets.
Circle selects BNY Mellon as custodian for USDC reserves
The firm previously said its reserves would be in cash and treasuries.
BNY Mellon plans to launch digital asset custody platform later this year
The investment bank reportedly said it will begin with the United States and then expand worldwide based on market demand.
BNY Mellon partners with Chainalysis to track users' crypto transactions
Bank of New York Mellon, the world’s largest custodian bank, has partnered with blockchain software firm Chainalysis to track its users’ crypto transactions.
BNY Mellon to provide ETF services for Grayscale’s Bitcoin Trust
The new agreement further reinforces Grayscale’s commitment to converting Grayscale Bitcoin Trust into an ETF as its strategic goal.