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2019-07-21 06:19:10

Financial services giant Fidelity seeks license to operate in New York

Reports from reputed sources indicate that financial services behemoth Fidelity seeks license to operate its digital assets services in New York state. The corporation has reportedly set sight on establishing itself in the empire state soon. If the firm’s application is seen through, it will be allowed to hold its crypto-custodial facilities in New York state, placing it on the same scene as other industry leaders such as Coinbase and Paxos. Reports claim that Bakkt Bitcoin exchange, another leading brand in the business, is also pursuing a license in New York. The firm is one of the major competitors of