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BNY Expands Regulated Crypto Custody Across The European Union Under MiCA

TL;DR: BNY has expanded its Digital Asset Custody platform to selected institutional clients across the European Union under MiCA.…

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Full brief

Why it matters

Regulatory actions matter when they change what firms can offer, where they can operate or which compliance obligations apply. The exact scope and effective date are more important than the headline alone.

Key details

Verified amount: $62.6 trillion.

Verified amount: $2.2 trillion.

What to watch

Watch for the final text, effective dates, eligibility limits, regulator guidance and any follow-up filings or legal challenges that narrow or expand the action.

Sources

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