Fidelity’s crypto arm has officially applied to operate in New York as a trust336

Fidelity Digital Assets has officially applied to the New York Department of Financial Services (NYDFS) for a Trust license, according to several sources familiar with the matter.

If its application is successful, Fidelity Digital Assets (FDAS) would be cleared to add New York to the handful of states in which it currently operates its custody business for digital assets.

Original source
https://www.theblockcrypto.com/2019/07/20/fidelitys-crypto-arm-has-officially-applied-to-operate-in-new-york-as-a-trust/?utm_source=rss&utm_medium=rss&utm_campaign=default

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