Market participants have conducted technical tests of features such as conditional payments.
Project Acacia aims to show how traditional commercial banking can support tokenized assets.
This is the first global systemically important bank to offer deliverable spot crypto trading for institutions.
The statement does not create any new supervisory expectations.
BNY will also provide its transaction banking services to integrate tradFi & crypto ecosystems.
The donation includes funds from Jefferies and voluntary contributions from its employees.
Sunak was Prime Minister of the UK between October 2022 and July 2024.
The French bank acquired Santander’s 30.5% stake in CACEIS, its asset servicing subsidiary.
Europe’s first and largest ETF white label platform has record $7.7bn AUM.
