BNY

Major client demand the ‘tipping point’ for BNY Mellon’s crypto services

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BNY Mellon CEO Robin Vince says “client demand” was the “tipping point” that ultimately led to the bank’s launch of institutional-focused crypto services last week. BNY Mellon, America’s oldest bank, became the first large bank in the country to offer custody of institutional clients’ Ether (ETH) and Bitcoin (BTC) on Oct. 11. In an Oct. … Read more

Google and Coinbase strike a deal, BNY Mellon begins crypto custody and WisdomTree’s Bitcoin ETF gets denied: Hodler’s Digest, Oct. 9-15

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Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Starting in early 2023, Coinbase’s payment service, Coinbase Commerce, will … Read more

BNY Mellon, Warburg Group, Deutsche Bank to pay $60 mln in ‘cum-ex’ case

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Breadcrumb Trail Links PMN Business Author of the article: Article content Bank of New York Mellon Corp, Germany’s Warburg Group and Deutsche Bank will pay 60 million euros ($59.85 million) to German tax authorities over the country’s “cum-ex” tax scandal, the German lender said on Monday. “Cum-ex” refers to a scheme under which banks and … Read more