BNY Mellon Bank To Launch Crypto Custody & SEC Bitcoin ETP Approval Soon!

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Bank of New York Mellon will custody bitcoin and other cryptocurrencies this year. "We're ready for a Bitcoin exchange-traded product," says SEC Commissioner Hester Peirce. NYDIG is teaming up with Kasasa
to bring Bitcoin to community banks and credit unions, and their customers. Kasasa financial institutions will have the ability, powered by NYDIG’s platform, to offer products from buy-sell-hold to Bitcoin rewards. New Kraken Venture Fund to target early-stage Crypto, tech startups. Rapper Post Malone and his manager, Dre London, have teamed up with social money platform Fyooz to launch a celebrity beer pong league using non-fungible tokens (NFTs).

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