BNY Melon discusses accepting cryptocurrency… Visualization of the introduction of digital currency in banknotes

Cryptocurrency Bitcoin. © AFP=News1

It is known that New York Melon Bank (BNY Melon) plans to hold, transfer, and issue cryptocurrencies such as bitcoin for customers of asset management companies at the end of this year.

Reuters reported on the 10th (local time), citing an interview with the Wall Street Journal’s (WSJ) BNY Melon Asset Services and Chief Executive Officer Roman Regelman (CEO) of the digital business division.

In this interview with WSJ, CEO Regelman said that BNY Mellon is in discussions with customers to introduce digital currency.

In 2018, Fidelity Investments, a global asset manager, launched a new company that allows institutional investor clients to trade and store cryptocurrency assets, including Bitcoin.

Bitcoin soared to an all-time high soon after Tesla CEO Elon Musk announced earlier this week that he would purchase $1.5 billion worth of cryptocurrency and soon accept it as a form of payment for its cars.

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