February 11, 2021

Wall Street player BNY Mellon jumps on bitcoin bandwagon

New York (AFP) – Bitcoin and other crypto currencies took another leap towards the financial mainstream Thursday when Wall Street player BNY Mellon announced plans to accept digital currencies. BNY Mellon, which is known as the oldest US bank, said it will form a new digital assets unit to transfer, safeguard and issue digital assets in response to client demand. The move comes as bitcoin values continue to climb to new heights after receiving a legitimacy boost¬†when Tesla and Mastercard announced they would accept the digital currency, even as many regulators remain skeptical of the volatile …

source https://this.kiji.is/en/732645678877655040?c=648607265489716321

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