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NY Regulator Licenses Fidelity for Bitcoin Trading and Custody


Fidelity Investment’s digital currency arm has been licensed by the New York Department of Financial Services to operate a platform on which individuals and institutional investors can store, purchase, sell, and transfer bitcoin. The regulator also revealed that it has to date approved...

Swiss Crypto Bank SEBA Launches With Range of Services


SEBA Bank is now fully operational with a range of services to bridge the gap between the crypto world and traditional banking. Licensed in Switzerland, the bank’s crypto services include asset management, trading, custody, and financing. Its wallet app, e-banking, and card enable customers...

Bakkt Launches Institutional Bitcoin Custody Business


Bakkt, the reputed cryptocurrency exchange and the subsidiary of Intercontinental Exchange has launched its Bitcoin custodian services named the “Bakkt Warehouse” on September 6. The new platform allows the investors to buy and store cryptocurrency on a federally regulated market. This...

Hong Kong Now Offers Opt-In Regulation to Crypto Exchanges


Hong Kong’s Securities and Futures Commission has established a new regulatory framework that allows crypto exchanges to opt-in to be licensed and regulated. Starting Wednesday, centralized trading platforms can apply for a license, providing they meet certain requirements including adequate...

Big News: Fidelity's Bitcoin Custody Solution Takes Off


Abigail Johnson, CEO of Fidelity Investments. Source: a video screenshot, Youtube, Bloomberg Markets and Finance The US-based mutual fund giant Fidelity rolled out its much-anticipated crypto custody solution. The company made a splash a year ago when it announced the launch of a separate company...

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