$60 Trillion Bank BNY Mellon Hires a Director for Bitcoin and Digital Assets 🇺🇸🏦

$60 Trillion Bank BNY Mellon Hires a Director for Bitcoin and Digital Assets 🇺🇸🏦

Background
📌 BNY Mellon (America's oldest bank, with more than $50 trillion in assets under custody and management) has posted a new job listing
📌 Creation of a “Director, Digital Asset Operations” position at the New York office
📌 An annual salary offer of between $130,000 and $218,000 for this management level

Focus
🎯 Developing banking infrastructure: Expanding the bank's operations and technical team to manage, custody and tokenize digital assets and Bitcoin
🎯 Attracting professionals: A requirement for deep knowledge of blockchain, cryptocurrency markets and Institutional Custody infrastructure
🎯 Traditional institutions moving quietly: Major Wall Street firms continue to invest in crypto infrastructure regardless of short-term market volatility

Implications
⚡️ Cementing the position of Bitcoin and digital assets as an official and permanent operational unit within the traditional US banking system
⚡️ Greater trust among large retail and institutional investors in the custody services of trillion-dollar banks

Conclusion
📊 The move by America's oldest bank to open six-figure positions in the Bitcoin field is a clear example of the phrase “gradually, then suddenly” in the process of mass adoption of digital assets by the international financial system.

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