Fidelity Investments Acquires License for Crypto Trading in New York

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New York-based Wall Street brokerage firm Fidelity Investments has been granted a license to trade in cryptocurrencies. Fidelity Investments works in the crypto business through its subsidiary, Fidelity Digital Assets Services (FDAS). Through an official proposal, FDAS had applied for the Trust License to the New York Department of Financial Services in mid-July 2019. The …

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