BNP Paribas, with over $13 trillion under management, will reportedly partner with Metaco to offer custodial services for bitcoin and other digital assets.
The credit union will use NYDIG’s custody platform and infrastructure to enable its customers to buy, sell and hold bitcoin, but users cannot transfer bitcoin.
CPI inflation data reached a 40-year high of 9.1% in June with the largest price increases occurring in the energy sector, seeing fuel and oil rising almost 100%.
The Mt. Gox rehabilitation trustee asked creditors to choose between bitcoin, cash or Bitcoin Cash to receive repayment, risking pressuring the market further.