American restaurant Flyfish Club has signed a settlement agreement with the U.S. SEC regarding an “unregistered offering of crypto asset securities.” Flyfish Club will pay a fine of $750,000. According to the SEC ruling, between August 2021 and May 2022,…
BNY Mellon SAB 121 exemption may herald bank Bitcoin custody
Bank of New York Mellon, the largest U.S. custodian bank, scored an exemption from a controversial SEC rule that may enable Bitcoin custody. Institutional custody