New York grants cryptocurrency license to Fidelity Investments

New York grants cryptocurrency license to Fidelity Investments – New York Business Journal

Fidelity Investments’ digital-currency business is now allowed to operate in New York. The Boston-based firm has obtained a trust company charter from the New York Department of Financial Services (NYDFS), allowing its subsidiary – Fidelity Digital Asset Services – to offer bitcoin custody and trading services to institutional and individual investors.