Bitcoin price hits another new high after US banking giant backing

Bitcoin is continuing to gain wider acceptance within mainstream financial circles after it was announced that BNY Mellon would launch a new digital assets unit to explore enterprise solutions involving cryptocurrencies.

“BNY Mellon is proud to be the first global bank to announce plans to provide an integrated service for digital assets,” Roman Regelman, CEO of Asset Servicing and Head of Digital at BNY Mellon, said. “Growing client demand for digital assets, maturity of advanced solutions, and improving regulatory clarity present a tremendous opportunity for us to extend our current service offerings to this emerging field. Pending further evaluations and approvals, we expect to begin offering these innovative and industry-shaping capabilities later this year.” 

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