Bitcoin, Crypto currency, Blockchain

Newsflash: Fidelity Bitcoin & Ethereum Custody Service, Ripple Adaptation, A Stellar Listing

Newsflash: Fidelity Bitcoin & Ethereum Custody Service, Ripple Adaptation, A Stellar Listing

Home News Newsflash: Fidelity Bitcoin & Ethereum Custody Service, Ripple Adaptation, A Stellar Listing

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Marcel Knobloch –
30.01.2019

The financial giant Fidelity is already since a long time in the crypto market and will offer Bitcoin Custody Service in March for institutional investors with larger amounts of Capital. According to Bloomberg, three people familiar with the matter, that, according to Bitcoin more storage services for Ethereum is intended to follow (freely translated):

In October, the Boston-based company announced that a number of crypto products for large-scale investors such as Hedge funds offer. According to employees of three companies have spoken in recent weeks with Fidelity and have not been asked to talk about private plans, the Bitcoin storage be the first the is available. It is expected that Ethereum will follow.

The company has been offering for some time, Custody Services, but only for a handful of selected customers, the contribution due to minimum capital requirements correspond to (freely translated):

We currently serve a number of selected customers, while we work on the development of our first official solution. In the next few months, we will continue to potential customers thoughtfully to the needs, the alignment of responsibility and other factors and priorities.

Ripple: “adaptation is progressing, but will need development time”

The heated debate of whether Bitcoin, XRP, and co. at some point as an official means of payment in the world prevalent be an absolute all time favorite. The CEO of Ripple, Brad Garlinghouse, speaking at the Meeting Blockchain Europe in Brussels about the future of crypto assets. In his opinion digital Assets are in the area of the use of payment message continues to be at the beginning of their development.

He believes that it may well take 5 to 10 years of use in our everyday life has arrived. Important for the further progress, in particular, the provision of a clear regulatory legal framework that governs all matter in Detail and clarity.

New listing for Stellar

One of the biggest crypto currency exchanges in Europe, BitBay, has announced the listing of Stellar (XLM). Stellar is the thirtieth digital Asset, and can currently be against Bitcoin, US Dollar, Euro and Polish Zloty traded.

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