Fidelity’s crypto wing seeks NY state trust license

Fidelity’s crypto wing seeks NY state trust license

Fidelity’s crypto arm Fidelity Digital Assets Services (FDAS) has applied for a license to operate as a trust in NY. FDAS has reportedly filed an application with the New York Department of Financial Services (NYDFS) for a trust license. If approved, FDAS will officially be allowed to offer its crypto custodial services in the state of New York.

Simone
Simone
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