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𝓜𝓪𝓴𝓼𝔂𝓶 ⟠
@saulgoodmanbrba
📰 Bank of New York Mellon Corp (BNY Mellon), one of the world’s largest custodial banks, has received approval from the U.S. Securities and Exchange Commission (SEC) to offer cryptocurrency custody services. SEC Chairman Gary Gensler noted that the bank’s proposed structure can be used not only for Bitcoin and Ethereum but for other digital assets as well. BNY Mellon presented a plan that ensures client funds are protected, even in the event of the bank’s insolvency. The SEC found no violations in the bank’s proposed structure.
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Yaua WF ✅
@kotfab
👍👍👍
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