May 9, 2025

Breaking: US SEC Greenlights BNY Mellon’s New Crypto Custody Plan

1 min read

The US Securities and Exchange Commission (SEC) has approved Bank of New York Mellon Corp.’s (BNY Mellon) plan to offer custody services for digital assets, a move that could extend beyond Bitcoin and Ether exchange-traded funds (ETFs). SEC Chair Gary Gensler confirmed that the structure BNY Mellon is using is not limited to specific cryptocurrencies, The post Breaking: US SEC Greenlights BNY Mellon’s New Crypto Custody Plan appeared first on CoinGape .

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Source: CoinGape

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