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Fidelity Digital Assets Launches UK Branch In Line With Local Laws

Fidelity Investments’ cryptocurrency branch Fidelity Digital Assets is expanding to the United Kingdom.“We plan to provide our services to European institutional investors through our U.K.-registered entity, Fidelity Digital Assets, Ltd,” a Fidelity Digital Assets representative told CryptoX on Dec. 17, saying:“We recognize that the regulatory requirements for service providers

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State Street Teams up With Winklevoss-Founded Gemini Exchange for Digital Assets Trial

“There is small, but growing demand from our clients for solutions of this type and many technical, operational, regulatory, and legal considerations to be addressed," said Ralph Achkar, managing director of Digital Product Development and Innovation at State Street. "That is why we have opted for an open model, and

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Bitmain’s Miner Manufacturing Subsidiary Had $680k in Assets Frozen in a Contract Dispute

Yongjiang, which supplies electronic device components, asked the court on Sept. 25 to freeze 4.7 million yuan (around $676,000), in assets owned by the mining subsidiary to ensure it would be able to claim such an amount should the court rule in its favor in an ongoing trade contract dispute. Source

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Fidelity Digital Assets to Consider Rolling Out Ether Support in 2020

Tom Jessop, the president of Fidelity Digital Assets, the cryptocurrency trading arm of United States financial services giant Fidelity, announced that the firm may add support for Ether (ETH) in 2020 is there is sufficient demand for it. During an interview with industry news outlet TheBlock published on Dec. 13, Jessop

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German Bank Launches Digital Assets Unit to Offer Custody Products

“We believe that all tradable assets will be tokenized in the future,” said Alexis Hamel, managing director of solaris Digital Assets. “solarisBank had proven that the Banking-as-a-Service model works, and with a full German banking license solarisBank is ideally positioned to use the same model for solaris Digital Assets to

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Alleged Bitcoin Ponzi Scheme Assets Frozen as US Judge Grants Injunction

A United States court has granted regulators a preliminary injunction against an alleged Bitcoin (BTC) Ponzi scheme which reportedly defrauded investors of $11 million. In a filing with the United States District Court in Nevada dated Dec. 6, Judge Jennifer A. Dorsey ruled in favor of the Commodity Futures Trading

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