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America’s old money gets the new money

By DAC000 , in Cryptocurrency custody , at February 12, 2021 Tags: ,

one of The United States’ oldest banks, Bank of New York Mellon, announced the expansion of it’s custody business to include cryptocurrencies such as Bitcoin. About a two minute read.

Comment: another example of institutional acceptance of cryptocurrencies which will, of course drive increased acceptance of cryptocurrencies. A classic virtuous cycle.

Excellent twitter thread with the official announcement here