cryptocurrency

Fidelity’s Digital-Currency Business Gets Green Light from New York State – The Wall Street Journal


Fidelity Investments’ digital-currency business won state regulatory approval to operate in New York, a step expected to help the financial firm recruit new clients to its fledgling platform for storing and trading bitcoin.

New York’s Department of Financial Services said Tuesday it had granted Fidelity Digital Asset Services LLC a trust-company charter, authorizing the business to offer custody and trading services to institutional and individual investors.



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