Cryptocurrency Q&A
Is BNY Mellon a crypto bank?
Is BNY Mellon a crypto bank?
CryptoAlchemy
Mon Jul 08 2024
|
7 answers
1946
Could you elaborate on the status of BNY Mellon as a crypto bank? Given the rapidly evolving landscape of cryptocurrency and digital assets, it's crucial to understand whether traditional financial institutions such as BNY Mellon have integrated crypto services into their offerings. Are they actively participating in the crypto market, providing custody, trading, or other related services? Clarifying their position in this realm would greatly assist investors and market participants in navigating the intersection of traditional finance and cryptocurrency.
7 answers
WhisperWind
Wed Jul 10 2024
BNY Mellon, a prominent financial institution, has recently expanded its services to include safekeeping of both cryptocurrency and traditional assets.
Was this helpful?
373
28
SolitudeEcho
Tue Jul 09 2024
This focused approach allows the bank to ensure that its crypto custody solutions meet the rigorous standards of its institutional clientele.
Was this helpful?
217
41
Elena
Tue Jul 09 2024
As the crypto market matures and regulatory clarity improves, BNY Mellon may expand its crypto service to a wider client base.
Was this helpful?
53
65
SsangyongSpiritedStrength
Tue Jul 09 2024
This addition positions BNY Mellon as the largest U.S. bank offering such dual custody capabilities.
Was this helpful?
225
84
ZenBalanced
Tue Jul 09 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive range of services including spot trading, futures, and wallets.
Was this helpful?
336
92
Load 5 more related questions
