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This is a week of great news!
Bank of Mellon Corp. BK is the oldest bank in the country, leaping into the Bitcoin and cryptocurrency market.
The bank, which provides custody services, said on Thursday that it will hold, transfer and issue Bitcoin and other cryptocurrencies on behalf of asset management clients. Over time, BNY Mellon will allow these digital assets to move from the same division used by other, more traditional conglomerates - from Treasures to technology shares - using a platform that is currently prototype. The bank was already discussing its plans to introduce digital currencies with its customers.