Fidelity Digital Assets, the cryptocurrency company of Boston-based Fidelity Inv...
A token of the virtual currency Bitcoin is seen placed on a monitor that displays binary digits in this illustration picture, December 8, 2017. REUTERS/Dado Ruvic/Illustration
The limited-purpose trust company charter from the New York State Department of Financial Services will allow the company to offer its cryptocurrency trading and custody services to companies based in the state, it said. Fidelity Digital Assets was launched in October 2018 with the aim of better serving traditional financial institutions looking to invest in cryptocurrencies such as bitcoin and ether.
Demand for digital currencies has been shifting since the company’s launch, Tom Jessop, president of Fidelity Digital Assets, said in an interview.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New York City Plans Support Network for Defendants Freed Under New Bail LawsWith sweeping court reforms set to begin next year, city officials will spend millions ensuring defendants freed through the elimination of cash bail will return for their hearings.
Read more »
Exclusive: New York State Attorney General investigating WeWork - sourcesThe New York State Attorney General (NYAG) is investigating WeWork, according to...
Read more »
The New York state attorney general is investigating WeWork amid layoffsThe company confirmed that it had been contacted by the Attorney General's office, which could probe activities by WeWork's founder, Adam Neumann.
Read more »
Judge Narrows Path for House to Obtain Trump’s New York State Tax ReturnsPresident Trump won a court ruling that would limit the ability of the Democratic-led House to obtain his New York state tax returns until a federal court could decide whether the request was lawful.
Read more »
New York Times editor says Trump has put his reporters’ lives at riskNew York Times editor says Trump has put his reporters’ lives at risk. Dean Baquet decries abuse of journalists and defends not calling president racist
Read more »