Fidelity digital assets news
Fidelity Digital Assets, a subsidiary of Fidelity Investments, is a leading provider of digital asset custody and trading services. Here are some recent news and updates about Fidelity Digital Assets:
Recent News:
- Fidelity Digital Assets Expands Its Cryptocurrency Offering: In February 2023, Fidelity Digital Assets announced that it would be expanding its cryptocurrency offering to include 12 new digital assets, including Bitcoin, Ethereum, and several other popular cryptocurrencies.
- Fidelity Digital Assets Launches Institutional-Grade Cryptocurrency Trading Platform: In January 2023, Fidelity Digital Assets launched its institutional-grade cryptocurrency trading platform, which allows institutional investors to buy, sell, and trade cryptocurrencies in a secure and regulated environment.
- Fidelity Digital Assets Partners with Coinbase to Offer Institutional-Grade Cryptocurrency Trading: In December 2022, Fidelity Digital Assets announced a partnership with Coinbase to offer institutional-grade cryptocurrency trading services to its clients.
- Fidelity Digital Assets Hires Former SEC Official as Head of Compliance: In November 2022, Fidelity Digital Assets hired a former SEC official as its head of compliance, further strengthening its commitment to regulatory compliance and investor protection.
Industry Recognition:
- Fidelity Digital Assets Named "Best Cryptocurrency Custodian" by Institutional Investor: In October 2022, Fidelity Digital Assets was named "Best Cryptocurrency Custodian" by Institutional Investor, a leading financial publication.
- Fidelity Digital Assets Ranked as One of the Top 10 Cryptocurrency Custodians by CryptoSlate: In September 2022, Fidelity Digital Assets was ranked as one of the top 10 cryptocurrency custodians by CryptoSlate, a leading cryptocurrency news and research publication.
Regulatory Updates:
- Fidelity Digital Assets Receives Approval from New York State Department of Financial Services: In August 2022, Fidelity Digital Assets received approval from the New York State Department of Financial Services to operate as a licensed trust company, allowing it to offer cryptocurrency custody and trading services to institutional investors in the state.
- Fidelity Digital Assets Complies with SEC's New Cryptocurrency Reporting Requirements: In July 2022, Fidelity Digital Assets announced that it had complied with the SEC's new cryptocurrency reporting requirements, which require cryptocurrency exchanges and custodians to report certain information about their cryptocurrency holdings and transactions.
Other Updates:
- Fidelity Digital Assets Expands Its Team with New Hires: In recent months, Fidelity Digital Assets has expanded its team with new hires in areas such as sales, marketing, and compliance.
- Fidelity Digital Assets Partners with Other Financial Institutions: Fidelity Digital Assets has partnered with other financial institutions, such as banks and asset managers, to offer cryptocurrency trading and custody services to their clients.
These are just a few of the recent news and updates about Fidelity Digital Assets. If you're interested in learning more, I recommend checking out their website or following them on social media for the latest updates.