Bank (custodian, G-SIB) · United States
BNY
The Bank of New York Mellon Corporation · bny.com (opens source in new tab)
Crypto readiness score
2/3 status dimensions verified · 1 initiative · last verified 2026-10-23
Score breakdown
How the number above is built — every input is a verified tracker status with a dated source.
| Component | Weight | Points | Basis (verified input) |
|---|---|---|---|
| Commercial availability | 35 | 24.5 | Live — restricted / specific counterparties · initiative |
| Regulatory standing | 25 | — | No verified status — not scored |
| Technical delivery | 20 | 15 | Live — restricted / specific counterparties · initiative |
| Product breadth | 15 | 5 | 1 product category with a verified status: Custody & trading |
| Recent verified activity | 5 | 5 | Last verified change 2026-10-08 |
Score = sum of points, rounded. Only verified tracker statuses count; “Unknown” earns nothing and is never estimated. Methodology
Initiatives (1)
Regulatory, technical and commercial status are kept separate: an authorisation is not a launch.
Custody & trading · United States; European Union
BNY Digital Asset Custody (US; EU under MiCA)
- regulatory
- Unknown
- technical
- Live — restricted / specific counterparties2022-10-11
- commercial
- Live — restricted / specific counterparties2026-10-08
BNY's Digital Asset Custody platform went live in the US in October 2022 for select clients holding bitcoin and ether, and in October 2026 BNY extended it to select EU institutions under MiCA.
Scope: Select institutional clients; not retail.
In tracker · last verified 2026-10-23
Licences & registrations
Regulator records (or MiCA Art. 60 notifications — a notification, not an authorisation).
No licence or registration record in our verified data. This means “not reviewed”, not “unlicensed”.
Partners & providers
From tracker records and verified item text only. “Co-named” means both appear in the same source — open it for context. Full map
- Societe Generale-FORGE · named role (tracker) · reserve custodian
Regulator records & actions
Register entries and regulator publications that name this institution.
None in our verified data.
Markets (from stated target markets): United States · European Union / EEA
Timeline
Status changes (tracker history), verified items and regulatory dates, newest first.
2026-10-08 · Status
Scope change: expanded to select EU institutions under MiCA (status unchanged).
2022-10-11 · Status
US platform live for select clients (bitcoin, ether).
Data: /api/banks.json (CC BY 4.0) · Spot an error? Corrections
Newsletter · free · one email a week
The weekly crypto-banking intelligence brief
Bank initiatives, licences and status changes like the ones on this page land in the brief the week they are verified. Each issue: the week’s material regulatory and bank moves, status changes in the adoption tracker, and the deadlines coming up — every fact linked to the document it comes from. No hype, no price talk.
50 quote-verified items · 56 bank initiatives tracked · 15 jurisdictions
Free sample, no signup needed: State of Crypto Banking — September 2026 (PDF) · read online
Form not loading? Subscribe on beehiiv ↗
See a sample issue · unsubscribe from any email · privacy