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He commented: The digital assets unit plans to deliver a secure infrastructure for transferring, safekeeping and issuing digital assets. Tags in this story bank of new york , bank of new york mellon , Bitcoin custody , bitcoin service , BNY Mellon , bny mellon bitcoin , bny mellon crypto , bny mellon cryptocurrency. N said it was planning to offer support for some cryptocurrencies on its network this year.
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With this collaboration, BNY Mellon further aims to expand its foothold in the digital asset realm. He went on to add,. BNY Mellon might be new to the Bitcoin game, but it is one of the long-standing financial institutions. Furthermore, the latest news comes at an important stage when several countries, except for the United States have embraced Bitcoin ETFs. If you found this article interesting, here you can find more Bitcoin news.
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Ensuring the safekeeping of private keys and crypto-addresses is essential to institutional investors, though uncertainty surrounding the regulatory. The centralized exchange model is the dominant approach for trading digital assets and cryptocurrencies in public blockchains because it solves the limitation. There is increasing demand in the market for a traditional, established custodian to provide custody of cryptocurrencies. This emerging asset class is of.