BNY Mellon Engages With Regulators, Fed’s 50bps Cut Triggers Crypto Inflows, and More

BNY Mellon Engages With Regulators, Fed’s 50bps Cut Triggers Crypto Inflows, and More — Week in Review

https://ift.tt/Ywp1xyN
Get the biggest stories of the week, including BNY Mellon entering the crypto custodial game.

BNY Mellon is working closely with regulators to offer large-scale crypto custody services. Coinshares reported $321 million in digital asset inflows, driven by the Fed’s 50bps interest rate cut. Robert Kiyosaki predicts Bitcoin could reach $500K by 2025 and $1M by 2030, citing global financial instability risks highlighted in an upcoming book by Jim Rickards. […]

from Bitcoin News https://ift.tt/ox5XRmE