In a dynamic move towards digital transformation, BNY Mellon, one of the oldest banks in the United States, is pushing forward with its initiatives focused on distributed ledger technology, tokenization, and digital cash.
Roman Regelman, the CEO of securities services and digital, revealed in a recent interview that the bank has been prioritizing digital assets for the past two years in response to increasing client demand.
This latest disclosure comes amid the US banking crisis and United States regulators’ continuous crackdown on the crypto industry, a sector of the global digital asset market.
Notably, yesterday, the US Securities Exchange and Commission (SEC) responded to Coinbase’s complaint saying crypto rulemaking may take years and that it is “in no rush.”
BNY Mellon Embraces Digital Asset
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