BNY Mellon takes bet on cryptocurrencies with new digital innovation hub
Banking giant’s Dubin-based hub will act as a custodian for digital assets
BNY Mellon, the banking giant, is betting on the future of bitcoin and other cryptocurrencies by creating a new hub in Ireland which will allow clients to hold, transfer and issue digital assets.
The bank, which entered the Irish market in 1994, has established a ’Digital Innovation Hub’ in Dublin, which is regulated by the Central Bank to act as a custodian for digital assets such as bitcoin, non-fungible tokens, central bank digital currencies and...
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