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Fidelity Digital Assets Recieves Trust License To Operate In New York

Ramsey Baker

Summary: Fidelity Digital Assets, the cryptocurrency custody business, announced on Nov. 19 that their application for a trust license to operate in New York was approved by state regulators. The move is an attempt to reach more potential clients, according to former Goldman Sachs managing director Tom Jessop. Fidelity isn’t the only company to try and ...

Fidelity Digital Assets, the cryptocurrency custody business, announced on Nov. 19 that their application for a trust license to operate in New York was approved by state regulators.

The move is an attempt to reach more potential clients, according to former Goldman Sachs managing director Tom Jessop. Fidelity isn’t the only company to try and jump on the New York market, as Bakkt also received the go ahead from regulators.

By Ramsey Baker

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