“Final week, the Federal Reserve informed a federal decide that preserving custody of digital belongings, like Bitcoin, posed a ‘novel, precedent-setting danger.’ This week, the Fed allowed BNY Mellon to do the very same factor. So it has one rule for innovators like Custodia Financial institution, and one other for the nation’s oldest financial institution,” mentioned Nathan Miller, a spokesperson for Custodia Financial institution, in an electronic mail to CoinDesk. “After ready greater than 24 months, we’re looking for nothing greater than truthful and equal remedy.”
