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Enabling Institutions to Access a New Medium for Assets

From medium.com

We’re bringing professional financial standards to digital assets. From the security and risk management of our custody offering to our world-class client service, we’ve created the blueprint for institutional-grade standards for the digital assets industry. We believe that we are uniquely positioned to drive adoption of digital assets across a range of use cases and client segments, which is why we are committed to the continued development of the digital assets industry. Our clients are a fascinating set of forward-thinking organizations who have engaged with the emerging digital assets space after tremendous ... (full story)

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Financial Services Superintendent Linda A. Lacewell Announces Grant of DFS Trust Charter to Enable Fidelity to Engage in New York’s Marketplace

From dfs.ny.gov

Superintendent of Financial Services Linda A. Lacewell announced today that the New York State Department of Financial Services (DFS) has granted a charter under New York Banking Law to Fidelity Digital Asset Services, LLC (FDAS), to operate as a limited liability trust company as part of the state’s rapidly growing virtual currency marketplace. “As the financial capital of the world, New York must also continue to be the center of financial innovation. DFS will continue to provide regulatory oversight of new technologies to both foster innovation and protect consumers, companies, and markets,” said Superintendent ... (full story)

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