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Fidelity clears regulatory hurdle to become Canada’s first institutional Bitcoin custodian
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As reported by The Globe and Mail, Fidelity Clearing Canada received approval from the Investment Industry Regulatory Organization of Canada on Wednesday to launch a Bitcoin (BTC) trading and custody platform. It is designed for use by institutional investors — such as pension funds, portfolio managers and mutual funds — and would be a first-of-a-kind service in the country.
The firm also plans to cater to retail investors with its regulatory filing for a Bitcoin exchange-traded funded and mutual
Read more on cointelegraph.comAbout this in other media
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