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BNY Mellon Approved to Offer Bitcoin Custody Services
- BNY Mellon has been approved by the SEC to offer Bitcoin custody services.
- This makes BNY Mellon one of the first major banks to provide this service.
- Bitcoin custody is important for individuals and companies looking for a secure place to store their digital assets.
- The approval from the SEC and the involvement of a reputable bank like BNY Mellon could increase trust and adoption of Bitcoin.
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