BNY Mellon's Blockchain Move, Bitcoin Reserve Laws, and PayPal's Crypto Expansion
The Crypto Daily Brief
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BNY Mellon's Blockchain Move, Bitcoin Reserve Laws, and PayPal's Crypto Expansion

E104 • Apr 4, 2025 • 9 mins

In this episode of the Crypto Daily Brief, the discussion begins with a welcome and an overview of the top stories in the crypto industry. The episode highlights BNY Mellon's latest blockchain initiative and its potential implications for the industry. It also covers new legislation in US states concerning Bitcoin reserves. The episode explores PayPal's expanding crypto ventures, focusing on its integration with Solana and Chainlink. Additionally, there's a spotlight on altcoins, featuring Dawgz AI, Render, and Sei. The episode concludes with closing remarks, providing a comprehensive update on the latest developments in the crypto world.

Key Points

  • BNY Mellon has launched a blockchain-based accounting tool with BlackRock as its first client, aiming to modernize fund management by providing real-time insights into tokenized assets.
  • Lawmakers in Minnesota and Alabama are pushing for Bitcoin reserves, part of a broader trend across the United States to integrate cryptocurrency into state investment portfolios.
  • PayPal's addition of Solana and Chainlink to its platform boosts altcoin visibility and usage, reflecting the company's growing commitment to supporting a diverse range of cryptocurrencies.
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