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Ripple XRP: Is It Possible To Set The Price Of XRP? BNY Mellon CEO In Crypto For Massive Opportunity
Michael Demissie, the head of digital assets at Bank of New York Mellon (BNY Mellon), is adamant that the cryptocurrency market crash in Bank of New York Mellon Corp is adding cryptocurrencies to assets that it holds as a custody manager, as it looks to attract a diverse set. 11, - BNY Mellon today announced that its Digital Asset Custody platform is live in the U.S. With select clients now able to hold and.
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Financial technology is breaking down barriers to financial services and delivering value to consumers, small businesses, and the economy. The SEC's guidance is, however, likely a deterrent for any bank that wants to grow crypto custody into a larger business, including at BNY Mellon. We are excited about this future. What we see a lot of is folks just being really focused on optimizing their resources, making sure that they're shutting down resources which they're not consuming.