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Fiedelity launches crypto services


Kate

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Posted

Fiedelity investments has just announced the opening of a crypto services and trading firm. 

The name of the firm for the crypto services will be Fidelity Digital Asset Services LLC.

They have said that the firm will help to trade digital assets and also provide some crypto services to the users.

What do you think of this ? 

Well nice to hear an investment firm is now into crypto

Source : https://news.bitcoin.com/fidelity-crypto-custody-trading/

Posted

I saw this and it is very good news.  However, the services are NOT for retail investors so I'm not sure how much it will really help.  Still it's a start.  The CEO of Fidelity has been a crypto for quite some time, so I'm a big fan of her!

Posted

This is a great start! I've chatted to some of my local brokers, and they've told me they won't invest in bitcoin, because it is unregulated, and is mainly controlled by "whales", who have large chunks of bitcoin, and if they sell, the price will collapse. It was interesting to hear the perspective of my broker :)

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