April 22, 2025

Big Banks & Bitcoin: BNY Mellon Gets the Green Light, but at What Cost?

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BNY Mellon, a major global asset custodian, secured approval from the U.S. Securities and Exchange Commission (SEC) to provide Bitcoin and other digital asset custody services, on September 20, 2024. The approval allows the $49 trillion asset custodian to hold not only Bitcoin but also various digital assets. The SEC granted BNY Mellon a variance The post Big Banks & Bitcoin: BNY Mellon Gets the Green Light, but at What Cost? appeared first on Coin Edition .

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