TL;DR: BNY has expanded its Digital Asset Custody platform to selected institutional clients across the European Union under MiCA. The move follows the addition of its European banking entity to the ESMA MiCA register and gives one of the world’s largest custody banks a regulated route to hold and administer crypto assets in the region.

One of the world’s biggest traditional custody banks is extending its digital asset business deeper into Europe.

BNY announced Thursday that its Digital Asset Custody platform is now being expanded to selected institutional clients in the European Union under the Markets in Crypto-Assets framework.

The move follows the addition of The Bank of New York Mellon SA/NV, BNY’s European banking entity, to…