For the first time ever, America’s oldest bank, BNY Mellon says it’s planning to offer some cryptocurrency services.
That’s good news for digital currencies like Bitocoin – which has been soaring to all time-highs.
While investing in it can be a rollercoaster ride that comes with many risks, that hasn’t stopped the Chief Executive of Tesla Elon Musk, from purchasing a $1.5 billion stake in it. Tesla is also now expected to accept the virtual money as a form of payment.
That and BNY Mellon’s decision to allow cryptocurrencies in its services, has seen a boost for digital assets.
– Subscribe to our channel: http://aje.io/AJSubscribe
– Follow us on Twitter: https://twitter.com/AJEnglish
– Find us on Facebook: https://www.facebook.com/aljazeera
– Check our website: https://www.aljazeera.com/
#AlJazeeraEnglish #InsideStory #Cryptocurrencies