{"id":68413,"date":"2022-10-11T16:49:25","date_gmt":"2022-10-11T13:49:25","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=68413"},"modified":"2025-09-07T13:58:42","modified_gmt":"2025-09-07T10:58:42","slug":"wsj-bny-mellon-clients-will-be-able-to-store-bitcoin-and-ethereum","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/wsj-bny-mellon-clients-will-be-able-to-store-bitcoin-and-ethereum\/","title":{"rendered":"WSJ: BNY Mellon clients will be able to store Bitcoin and Ethereum"},"content":{"rendered":"<p>The American holding company BNY Mellon will allow clients to store on its platform cryptocurrencies alongside traditional financial instruments, according to <a href=\\\"https:\/\/www.wsj.com\/articles\/americas-oldest-bank-bny-mellon-will-hold-that-crypto-now-11665460354\\\">WSJ<\/a>.<\/p>\n<p><!--more--><\/p>\n<p>According to the publication, the bank has received the necessary authorization from the New York regulator. For &#8216;selected clients&#8217; this week there will be the opportunity to store Bitcoin and Ethereum.<\/p>\n<p>The financial institution is exploring the possibility of offering crypto-custodial services to a larger client base. For storage and other asset operations, software from Fireblocks is used.<\/p>\n<p>The Bank of New York, now The Bank of New York Mellon, was founded by Alexander Hamilton on 9 June 1784. It is the oldest bank in the United States.<\/p>\n<p>In February 2022, BNY Mellon <a href=\"https:\/\/forklog.com\/en\/news\/bny-mellon-signs-partnership-with-chainalysis\">entered into a partnership<\/a> with analytics company Chainalysis, providing tools for cryptocurrency regulatory compliance as part of its risk-management program.<\/p>\n<p>In April, Circle <a href=\"https:\/\/forklog.com\/en\/news\/bny-mellon-named-primary-custodian-of-usdc-reserves\">selected<\/a> the financial holding company as the primary custodian for USDC reserves.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BNY Mellon will allow clients to store cryptocurrencies on the platform alongside traditional financial instruments.<\/p>\n","protected":false},"author":1,"featured_media":68414,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1229,1682,1156],"class_list":["post-68413","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-banks-and-fintech","tag-bny-mellon","tag-institutional-investors-and-whales"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/68413","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=68413"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/68413\/revisions"}],"predecessor-version":[{"id":68415,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/68413\/revisions\/68415"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/68414"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=68413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=68413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=68413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}