LONDON (UK) – Bank of NY Mellon announcement that it had formed a new unit to help clients hold, transfer and issue digital assets has caused Bitcoin jump over 8% to an all-time high of $48,481.
The new unit at BNY Mellon, called the Digital Assets unit, is expected to roll out the offerings later this year, the bank said.
Bitcoin was last up 5.7% at $47,387.
