Summary
We’ve been talking about it for about a year now… and it’s finally happening. Fidelity will officially launch its crypto trading services for institutional investors in the coming weeks. Andy Gordon discusses just how big a deal this is for the crypto world.
Unfortunately, it’s not all good news. Binance, a major crypto exchange, endured a $40 million hack this week.
And Bittrex was denied a BitLicense in New York, which means it’s stopped operating in the state. Why was it denied? It depends on who you ask…
Bitfinex, meanwhile, is facing a lawsuit from the New York Attorney General’s office… and it’s another reminder of why we’re not fans of tether.
Despite all this, the crypto markets have been rallying. And as Adam Sharp explains, the good news still to come.
If you’re interested in a particular topic, we’ve listed the time code on the right so you can skip directly to it in the video.
- Fidelity’s institutional crypto trading service weeks from going live (0:36)
- Binance endures $40 million bitcoin hack (6:02)
- Bittrex stops operating in New York (9:08)
- Bitfinex faces lawsuit from New York Attorney General (12:38)
- Crypto markets rallying (16:24)
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