BNY Mellon Gets Approved to Custody Bitcoin! 🚀
- BNY Mellon, the largest US custodian bank, has received an exemption from SEC SAB 121, paving the way for the custody of Bitcoin and cryptocurrencies.
- This could be a major step for other major banks to start custodying crypto assets.
- Michael Saylor, founder of MicroStrategy, believes this is one of three catalysts that could push Bitcoin to $5 million.
What do you think about this? Share your thoughts in the comments! 💬