BNY Mellon Cleared For Bitcoin Custody And Institutional Crypto Services | TheSpuzz

BNY Mellon Cleared For Bitcoin Custody And Institutional Crypto Services | TheSpuzz

Source: Bitcoinist In a significant development for Bitcoin (BTC), the broader crypto market and the traditional banking industry, BNY Mellon has been identified as the first bank to receive an exemption from the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin (SAB) 121.  Unchained first reported the announcement during a Wyoming Select Committee on Blockchain, Financial Technology,…

Read More
Germany Shuts Down 47 Crypto Exchanges In Sweeping Anti-Money Laundering Operation

Germany Shuts Down 47 Crypto Exchanges In Sweeping Anti-Money Laundering Operation

Source: Bitcoinist German authorities have shut down 47 crypto exchanges connected to illicit activity, including money laundering, in a forceful anti-cybercrime action. Under the direction of the Federal Criminal Police Office (BKA) and the Frankfurt am Main Public Prosecutor’s Office, this operation emphasizes the continuous fight against financial crime in the digital world. The supposedly…

Read More