European Union · New York · NewsBTC
BNY Broadens Regulated Crypto Custody Across The European Union Under MiCA
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Key facts
- TL;DR: BNY has expanded its Digital Asset Custody platform to selected institutional clients across the European Union under MiCA
- The move follows the addition of The Bank of New York Mellon SA/NV, BNY’s European banking entity, to the MiCA register earlier this year
- BNY first launched its digital asset custody platform in 2022
- BNY announced Thursday that its Digital Asset Custody platform is now being expanded to selected institutional clients in the European Union under the Markets in Crypto -Assets framework
Summary
TL;DR: BNY has expanded its Digital Asset Custody platform to selected institutional clients across the European Union under MiCA. One of the world’s biggest traditional custody banks is extending its digital asset business deeper into Europe. BNY announced Thursday that its Digital Asset Custody platform is now being expanded to selected institutional clients in the European Union under the Markets in Crypto -Assets framework. The move follows the addition of The Bank of New York Mellon SA/NV, BNY’s European banking entity, to the MiCA register earlier this year.