“BNY Mellon Expands Institutional Crypto Custody Services into UAE Market | Nova Global New” — what this page in the network covers. BNY Mellon, the world's largest custodian bank, has officially announced a strategic expansion into the United Arab Emirates by establishing a regulated di... CoinTelegraphMay 7, 2026 • 9:17 AM2 views BNY Mellon, the world's largest custodian bank, has officially announced a strategic expansion into the United Arab Emirates by establishing a regulated digital asset custody framework within the Abu Dhabi Global Market (ADGM).
This move marks a significant milestone in bridging the gap between traditional institutional finance and the rapidly evolving digital asset sector. By leveraging partnerships with local fintech leaders such as Finstreet and the ADI Foundation, BNY Mellon aims to provide a secure and compliant environment for managing Bitcoin and Ethereum. This initiative highlights the UAE's growing influence as a global hub for financial innovation, as the ADGM provides the necessary regulatory clarity to attract major financial institutions. For the complete material, the listing points back to the source inside the network.