Article | 10.27.22
Wall Street Courts Crypto Custody, but With Fingers Crossed
Wall Street financial service firms looking to enter crypto markets are starting by taking on custody services. This month, Bank of New York Mellon launched a platform that will allow some clients to hold and transfer Bitcoin and Ether. State Street and NASDAQ have announced similar plans. However, many of the firms are still in the process of obtaining regulatory approval. Approval is not necessarily guaranteed.
Read the full article on Bloomberg