TLDR:BNY now offers regulated digital asset custody to select institutional clients in the European Union.BNY’s European entity joined the ESMA MiCA register in July 2026, enabling crypto-asset custody services.The platform supports BTC, ETH, SOL and USDC, with plans to add broader crypto-assets and stablecoins.Launched in 2022, the platform uses multiparty computation, segregated wallets and private key storage. BNY Digital Asset Custody is now available to select institutional clients in the European Union under the Markets in Crypto-Assets (MiCA) framework. BNY announced the expansion on October 8 in Brussels. The company is one of the first global systemically important banks to offer regulated digital asset custody in the region. The service covers custody, administration, and transfer of crypto-assets. It is aimed at clients operating in one of the world’s largest regulated markets for digital assets.MiCA Registration and Executive CommentsThe expansion follows a registry update made in July 2026. The Bank of New York Mellon SA/NV, BNY’s European banking entity, joined the European Securities and Markets Authority MiCA register. As a result, BNY can provide custody, administration, and transfer services for crypto-assets. These services are available to clients across one of the largest regulated digital asset markets.Jennifer Barker, Head of Europe at BNY, described the demand behind the launch. She said, “Digital asset adoption is accelerating across Europe.” She pointed to banks and broker-dealers that are expanding crypto-asset and stablecoin offerings. Asset managers and corporate treasurers are also exploring digital payments and tokenized securities.Barker also spoke about the standards institutions expect. She said they need solutions with “the same resilience, oversight, and safeguards” they rely on across traditional operations. In her words, BNY is providing clients with “institutional-grade infrastructure to navigate this transition with confidence.”The announcement called the update breaking news. It referred to institutional-grade security, risk management, and operational expertise.BREAKING: #BNY expands Digital Asset Custody for select institutional clients in the #EuropeanUnion under the Markets in Crypto-Assets (MiCA) framework.Our Digital Asset Custody platform is designed with institutional-grade security, risk management and operational expertise to… pic.twitter.com/JCBPkL85la— BNY (@BNYglobal) October 8, 2026Additionally, the post said the platform supports digital cash, tokenized assets, payments, settlement, and collateral mobility.Platform Security and Supported AssetsLaunched in 2022, BNY Digital Asset Custody provides secure safekeeping and servicing of digital assets. The infrastructure includes multiparty computation technology, segregated client wallets, and storage of private keys. BNY designed these controls to support risk management and security across the service.Through this model, clients can access regulated custody for BTC, ETH, SOL, and USDC. BNY also has ambitions to support broader crypto-assets and stablecoins. For now, the platform serves select institutions in the European Union under the MiCA framework.Emily Portney, Global Head of Asset Servicing at BNY, explained how the platform was built. She said, “Our platform isn’t a standalone solution.” According to Portney, it draws on the firm’s existing asset servicing expertise and controls. She added that the expansion equips clients to integrate operations with digital strategies “across the full asset lifecycle.”Carolyn Weinberg, Chief Innovation and Market Transformation Officer at BNY, commented on the BNY Digital Asset Custody expansion. She said BNY is “committed to building the financial infrastructure of the future in partnership with our clients.” Weinberg added that the expansion connects traditional and digital financial ecosystems. She also cited continued investment in BNY’s capabilities.The post BNY Expands Digital Asset Custody in Europe Under MiCA Framework appeared first on Blockonomi.