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BNY Deepens Relationship With Stablecoin Company Circle
BNY is reportedly handling additional services for Circle. The bank will allow some clients to send money to and from the stablecoin company to buy or sell Circle’s stablecoins, The Information reported Wednesday (March 12), citing unnamed sources. “BNY and Circle continue to work to bridge the gap between traditional and digital finance and are exploring how to deepen our relationship to benefit financial markets,” the two companies said in a joint statement provided to The Information, per the report. The expanded partnership signals a friendlier regulatory environment for the crypto industry in the United ... (full story)
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- Posted: Mar 12, 2025 8:25pm
- Submitted by:Category: Crypto Industry NewsComments: 0 / Views: 226
