Fidelity Digital Asset Services LLC (FDAS) has earned authorization from the New York Department of Financial Services’ (DFS) to offer Bitcoin custody and trading solutions as a limited liability trust company on Tuesday. In July, the financial services giant had declared that the firm is seeking ways to gain a license to operate its digital assets services in New York state. Since then, the crypto enthusiasts have placed in the same league of industry leaders such as Coinbase and Paxos. And while the announcement was well-received by investors around the world, some analysts believed that earning permission from New York
