---
title: "BNY nears crypto custody for ETFs after SEC softens SAB 121 stance"
url: https://diffcoin.com/bny-nears-crypto-custody-for-etfs-after-sec-softens-sab-121-stance/
description: "Bank of New York Mellon will not be held to SEC accounting practices for client crypto custody after a review. Source link"
published: 2024-09-24
updated: 2024-09-24
author: "Mila"
site: "Diffcoin"
---

# BNY nears crypto custody for ETFs after SEC softens SAB 121 stance

Bank of New York Mellon will not be held to SEC accounting practices for client crypto custody after a review.

[Source link](https://cointelegraph.com/news/bny-mellon-bitcoin-ether-custody-sec?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)