BNY Mellon Gets Exemption From SEC’s Controversial Crypto Custody Rule: Will It Challenge Coinbase’s Hegemony In Holding Assets For Bitcoin And Ethereum ETFs?

Global financial services company The Bank of New York Mellon Corp . (NYSE: BK ) secured an exception from the U.S. Securities and Exchange Commission’s (SEC) contentious SAB 121 rule, paving the way for its entry into the lucrative but largely untapped cryptocurrency custody market. read more ...

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