Fidelity Acquire Crypto Trading License in NEW YORK .

Fidelity Investments based in Boston , is one of the major institutions who believe in the future of cryptocurrencies and blockchain.

After the launch of “Fidelity Digital Assets” exchange early this year, they have been granted with a license from the New York financial regulatory body.

This allows the company a license to offer their custodian services, alongside with crypto currencies trading to different institutions across the United States.

This is a major move for Fidelity, since in the past it has not been easily achieved. Mainly since regulations in New York around crypto activities have set a nearly impossible benchmark, which made many other smaller companies struggle to receive licenses. 

Now Fidelity will be able to provide services and meet the major demand for cryptocurrency and Bitcoin in the US.