Fidelity Tests a Stablecoin as It Builds Out Crypto Offering
Fidelity Investments is testing a stablecoin, while legislation covering dollar-backed cryptocurrencies makes progress in Congress. The Boston-based company was among the first big U.S. asset managers to offer exchange-traded funds that hold bitcoin and ether directly,
The brokerage firms have long blocked rival money-market funds, but this year started blocking money market ETFs as well.
Fidelity Investments made waves by purchasing $60 million in Bitcoin through its FBTC ETF while filing the first-ever spot ...
Legit.ng on MSN2h
Fidelity Bank Explains Why It Flagged Suspicious Transfer, Denies Bribery AllegationsThe earlier report claimed that the bank had withheld the customer's remittance, and that the operations manager at the ...
Fidelity Investments is in the final stages of testing its own U.S. dollar-pegged stablecoin as part of its growing interest ...
Fidelity Investments and Charles Schwab Corp. are prohibiting clients from investing in money-market ETFs on their trading ...
For the quarter, the Fidelity High Income Fund's Retail Class shares gained 0.47%, versus 0.16% for the benchmark, the ICE ...
Using tokenized assets to satisfy margin requirements could help asset managers improve capital efficiency, said Cynthia Lo ...
Fidelity, a $5 trillion asset manager, plans to enter the stablecoin market, aiming to rival Tether and Circle under evolving ...
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Is Fidelity Select Consumer Discretion (FSCPX) a Strong Mutual Fund Pick Right Now?Starting with Fidelity Select Consumer Discretion (FSCPX) should not be a possibility at this time. FSCPX bears a Zacks Mutual Fund Rank ...
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