BNY Mellon CEO says the future of crypto runs through big banks

Robin Vince says large banks can bridge digital assets and traditional finance as trust and regulation shape the next phase of growth. What to know : BNY Mellon CEO Robin Vince said large financial institutions will drive the next phase of crypto adoption by serving as a bridge between traditional finance and digital assets. Vince highlighted tokenization of existing products, such as new digital share classes for money market funds, as an early use case, while stressing that clear regulation and trust are essential for broader institutional participation. Ongoing policy debates, including over stablecoin yield in the Digital Asset Market Clarity Act, and the parallel rise of artificial intelligence, underscore that the transformation of finance through these technologies will unfold over a 5- to 15-year period.(Coindesk)