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Tag: Fidelity

Fidelity May Launch Cryptocurrency Exchange but Quietly Shuts Down Cryptocurrency Fund

Category: Altcoins, Bitcoin, Blockchain, Business, Ethereum, Finance, News, Regulation

Fidelity May Launch Cryptocurrency Exchange but Quietly Shuts Down Cryptocurrency Fund

Fidelity Investments is facing roadblocks on its way to being a digital currency player. While reports on June 5, 2018, suggested the institutional heavyweight is intent on building a cryptocurrency exchange, an additional report confirmed the firm’s closure of their much-celebrated cryptocurrency fund. Fidelity’s Cryptocurrency Exchange Push Fidelity has been an early adopter of cryptocurrencies and blockchain technology. Reportedly, the…

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Fidelity’s Embrace of Bitcoin Fuels Crypto-Altruism

Category: Bitcoin, Business, Finance, News

Fidelity’s Embrace of Bitcoin Fuels Crypto-Altruism

To the glee of many crypto enthusiasts in attendance, Abigail Johnson, chief executive at Fidelity a company which manages $1.9 trillion in mutual fund assets admitted at the May Consensus Blockchain conference in New York that she’s “a huge fan of Bitcoin.” As a part of a broader presentation, Johnson went on to tell the audience that she, “loves this…

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