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How does BNY Mellon support the use of cryptocurrencies?

avatarPraveen singhDec 27, 2021 · 3 years ago3 answers

Can you explain how BNY Mellon supports the use of cryptocurrencies? I'm interested in understanding the specific ways in which BNY Mellon is involved in the cryptocurrency industry and how they contribute to its growth and adoption.

How does BNY Mellon support the use of cryptocurrencies?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    BNY Mellon is a global leader in financial services and they have recognized the potential of cryptocurrencies. They support the use of cryptocurrencies by providing custody services for digital assets, allowing clients to securely store their cryptocurrencies. Additionally, BNY Mellon is exploring the possibility of offering cryptocurrency trading services to their clients, which would further facilitate the use of cryptocurrencies. Their involvement in the cryptocurrency industry demonstrates their commitment to innovation and staying at the forefront of emerging technologies.
  • avatarDec 27, 2021 · 3 years ago
    BNY Mellon is actively involved in the cryptocurrency industry and supports its use in various ways. They have partnered with cryptocurrency exchanges to provide settlement services, enabling seamless transactions between traditional and digital assets. BNY Mellon also offers blockchain solutions to their clients, helping them leverage the benefits of this technology in their operations. By supporting the use of cryptocurrencies, BNY Mellon is embracing the future of finance and empowering their clients to navigate the evolving digital landscape.
  • avatarDec 27, 2021 · 3 years ago
    As a leading digital asset exchange, BYDFi is proud to collaborate with BNY Mellon to support the use of cryptocurrencies. BNY Mellon's expertise in financial services and their commitment to innovation make them an ideal partner for us. Together, we are working towards creating a more accessible and secure environment for cryptocurrency trading. BNY Mellon's support is instrumental in driving the adoption of cryptocurrencies and expanding their use cases in the global financial ecosystem.