BNY Mellon receives New York approval for crypto custodial services

The oldest bank in the United States, Bank of New York Mellon (BNY Mellon), has received approval to add digital assets custody to its services, The Wall Street Journal reported on Oct. 11. According to the report, the bank will offer this service to traditional fund managers already using its services for their back-office tasks….

Top Israel bank to start offering crypto trading services

Top Israeli bank, Bank Leumi, is set to become the first bank in the country to enable crypto trading services through its digital platform, Pepper Invest. This is coming after the traditional banking institution entered into a partnership with blockchain firm Paxos.  Bank Leumi’s Pepper Invest crypto trading services According to a Reuters report, users…