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BNY Mellon SAB 121 exemption may herald bank Bitcoin custody

Naga Avan-Nomayo
September 21, 2024
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Bank of New York Mellon, the largest U.S. custodian bank, scored an exemption from a controversial SEC rule that may enable Bitcoin custody. Institutional custody of Bitcoin (BTC) and cryptocurrencies in the U.S. took a step forward as BNY Mellon…

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