BitGo Banks on Stablecoins in a Bid to Win Over More Institutions

Photo: BitGo / Medium Blockchain security firm and cryptocurrency wallet BitGo is expanding its suite of stablecoins custody offerings. The latest stablecoin coming to BitGo is the Gemini Dollar (GUSD). Besides this, BitGo already offers custody services for many other stablecoins like Circle’s USD Coin (USDC), MakerDAO’s DAI, TrustToken’s TrueUSD (TUSD), and Paxos Standard (PAX). This is…

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We Will Provide Missing Link for Institutional Investors, Says Fidelity Crypto Head

The president of Fidelity Digital Asset Services has spoken about the company’s plans in an interview, such as the decision not to launch an in-house exchange, how it intends to attract more institutional investors, and why it’s crypto offering is focused on custody and trade execution. Crypto Paired with More Traditional Financial Models In his…

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Bloq Hires Fidelity's Previous Head of Blockchain Innovation as its First COO

Blockchain technology company, Bloq, has gained a new COO in the form of Hadley Stern, who had previously led Fidelity’s Blockchain Incubator. Finding the right team members for your business is crucial to its success. It’s not just about experience though, especially in this age of disruptive technology. Innovation and drive are key characters as is…

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Institutional Interest in CRYPTO is BULLISH. BAKKT & FIDELITY will create Crypto Evolution.

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Fidelity Will Open Cryptocurrency Trading to Its 27 Million Customers

On the heels of a massive 10% price jump in Bitcoin (BTC) 00 and after a rocky week for the stock market, Fidelity has announced plans to store and trade digital currencies for their institutional clients. Currently, Fidelity manages $7.2 trillion dollars in total assets, and services more than 27 million customers. Fidelity is leading the…

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Straight From The CEO: Fidelity Is About To Dip Its Toes In The Crypto Business

The CEO of Fidelity Investments is no longer holding any horses about the company’s plan to try its hand in the crypto stuff. According to the top-ranking official, Abigail Johnson, Fidelity is still on the job to come up with a few blockchain and crypto-related products to be rolled out into the market sometime before…

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Patent Data Reveals the Banking Sector’s Strange Relationship with Bitcoin

Banks and bitcoin are odd bedfellows, but they do share some things in common. To its proponents, bitcoin is the future of money, but it still takes “traditional” money to purchase cryptocurrency, and right now, banks control the conduits. If these oligarchs have their way, they’ll also have a controlling stake in the crypto sphere…

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