Future Cryptocurrency Explained by BNY Mellon

Bank of New York (BNY) Mellon stated that it does not consider itself a cryptocurrency bank and will be cautious about investing in the sector.

World’s largest custody bank BNY Mellon In his investor presentation held on April 18, the bank said that cryptocurrency as a bank that you didn’t see expressed. The bank invests in the crypto money sector. slow And cautious stated that he would do it in some way.

CEO Robin Vincent In his statement on the subject, he used the following statements:

We said from the beginning that we would be running an incredibly slow process before we move on to digital assets and cryptocurrencies on a large scale.

On the other hand, the crypto money of the bank from investors deposit And Do not Pull for transactions ideal When asked if there is a place, Vince negative replied in that direction. CEO, from other companies’ crypto businesses large amount of cash produced but as BNY Mellon. similar have plans that they are not stated.

With the digital asset ecosystem in contact with a variety of to customers Stating that they have, Vince still aggressive a growth that you don’t have a strategy underlined.

in the first quarter of the year 976 million dollar net income The shares of the acquiring bank are in the post-session markets. 1.03% with an increase in value 44.99 traded in dollars.

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