BNY Mellon Engages With Regulators, Fed’s 50bps Cut Sparks Crypto Inflows & More – The Week in Review

BNY Mellon works closely with regulatory authorities to provide large-scale crypto custody services. Coinshares reported digital asset inflows of $321 million following the Fed’s 50bp interest rate cut. Robert Kiyosaki predicts that Bitcoin could reach $500,000 by 2025 and $1 million by 2030, citing the risks of global financial instability highlighted in an upcoming book by Jim Rickards. (…)