đăBlockchain NewsăThe Wyoming Special Committee confirmed that Bank of New York Mellon (BNY), the largest custodian bank in the United States, has obtained an "exemption" from the SEC SAB 121 accounting standard, clearing the way for its institutional cryptocurrency custody business. Chris Land, general counsel to Senator Cynthia Lummis, said the SEC has facilitated BNY's in-depth involvement in cryptocurrency custody. đĄWhat do you think this means for the crypto market? Feel free to share your thoughts in the comments!#Blockchain#Cryptocurrency #CustodyService
