Fidelity Approved to Become Canada's First Bitcoin Custodian

Ostrich Blockchain November 18th news, Fidelity Clearing Canada, a subsidiary of Boston-based mutual fund giant Fidelity Investments, has received regulatory approval to become Canada's first Bitcoin custodian, enabling the launch of cryptocurrency trading and custody solutions for institutional participants. This will make it easier for institutions such as pension funds and mutual funds to invest in digital assets. The subsidiary has also filed documents to launch two Bitcoin funds in Canada.