BNY Mellon, America’s oldest bank, launches crypto serviced and JPMorgan and Visa team up on cross-border blockchain payments. (Reporting via forgeforth_)
. In the meantime, megabanks like BNY Mellon, whose roots date back to 1784, are entering the space.
This week’s Crypto Biz chronicles BNY Mellon’s foray into digital assets, JPMorgan’s ongoing experimentation with blockchain technology and Crypto.com’s new European headquarters.Arguably the biggest story of the week was news of another established financial institution entering the crypto sphere. BNY Mellon, whose predecessor was founded 238 years ago, announced the launch of a digital custody platform to safeguard clients’ Bitcoin and Ether holdings.
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