BNY expands regulated crypto custody to EU institutional clients under MiCA
Image: NewsBTCBNY announced on October 8 it expanded its digital asset custody platform to select institutional clients in the European Union under the MiCA regulatory framework. Its European banking entity, The Bank of New York Mellon SA/NV, holds registration on the ESMA MiCA register. The service covers crypto asset custody, administration and transfer, and supports digital cash, tokenized assets, payments, settlement and collateral mobility. BNY first launched its digital asset custody platform in 2022.
Key points
- BNY's European banking entity, The Bank of New York Mellon SA/NV, is registered on the ESMA MiCA register
- The service covers crypto asset custody, administration and transfer for eligible clients
- BNY first launched its digital asset custody platform in 2022
Why it matters
The expansion gives large institutional clients access to regulated crypto custody from one of the world's largest custody banks operating under a unified EU regulatory framework. It increases competitive pressure on crypto-native custodians and supports integration of traditional and digital financial ecosystems.
Sources · 2 publishers
Blockonomi
Tier 3
BNY Expands Digital Asset Custody in Europe Under MiCA Framework
Coverage timeline
- First reported by NewsBTC
- Confirmed by Blockonomi
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
