News with the tag "bny mellon"

Polymarket users predict an 82% chance that an XRP ETF will be approved in 2025. The chance had peaked at 89% when US President Trump entered the White House on January 20. However, this cooled down four days later. Why? Interim US SEC chair Mark Uyeda and other commissioners had a closed meeting to...

US bankers are reportedly adopting a cautious stance on crypto assets despite high expectations of pro-crypto rules under President-elect Donald Trump. Key crypto leaders may already be all-in for bullish reactions to regulation clarity but banks aren’t rushing in yet. Trump, who emerged as the “Cry...

Ripple, the San Francisco-based blockchain startup has recently launched its crypto custody solution for several banks and fintech players to store digital assets on behalf of their clients. This development comes as the Federal Reserve has been cracking down on several traditional banks offering cu...

Japanese investment firm Metaplanet reported earnings of 23.97 BTC, or about $1.4 million, after selling put options to QCP Capital, a Singaporean digital asset trading firm.

BNY Mellon Receives SEC Approval to Offer Cryptocurrency Custody Services In a groundbreaking move, the Bank of New York Mellon (BNY Mellon) has received approval from the U.S. Securities and Exchange Commission (SEC) to offer cryptocurrency custody services, according to a report from Watcher Guru....

BNY Mellon, one of the world’s largest custodian banks, is seeking to offer custody services for bitcoin and ether to exchange-traded product (ETP) clients. The bank is also eyeing large-scale growth in the crypto space, with plans to seek more regulatory approvals to capitalize on the lucrative cry...

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 ...

Bitcoin is climbing higher when writing, technically bullish but steadying below August highs. Even though there are pockets of strength and the general market sentiment is bullish, looking at the CoinMarketCap poll, buyers should do more. Selling Bitcoin At $74,000 Will Be “Disastrous” A break abov...

Banking giant BNY Mellon has moved a step closer to offering custodial services to crypto ETF issuers. As per the Tuesday report, BNY Mellon will now be able to provide custody for BTC and ETH to its exchange-traded clients. However, crypto industry veterans including SEC Commissioner Hester Pierce ...

Following review, the U.S. Securities and Exchange Commission found the BNY Mellon Bitcoin ETF service exempt.