Fidelity plans to enter European crypto market after MiCA takes effect
A Fidelity Investments executive stated that the company plans to enter the European cryptocurrency market after the EU's MiCA digital asset law goes into effect in 2024. Manuel Nordeste, the Vice President of Fidelity Digital Assets, stated in an interview, "We do have plans to enter the EU after MiCA goes into effect and are actively exploring the best setup to achieve this goal. We believe that MiCA is a positive development, providing a framework for institutions and service providers to take responsible measures and offering investors an opportunity to enter this asset class in a well-regulated manner."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Hamster Kombat Announces Final List Before Airdrop: 131 Million Qualify
HashPack v10.5.0 Update Brings New Features to Simplify Token Management
Federal Reserve Orders United Texas Bank to Halt All Crypto Services
SEI/USDT Reverses Course: Adam & Eve Formation in Play