BNY Expands Crypto Custody to Abu Dhabi Through Finstreet and ADI Foundation Partnership

TLDR: BNY, overseeing $59 trillion in assets, launches regulated crypto custody services inside Abu Dhabi Global Market. The partnership with Finstreet and ADI Foundation starts with bitcoin and ether before expanding to stablecoins. BNY becomes the first major U.S. systemically important bank to offer digital asset custody in the UAE region. The UAE’s dirham-backed stablecoin [...]

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