Asset manager Fidelity Investments is reportedly preparing to launch its own stablecoin. The Boston-based company, which manages more than $5 trillion in assets, is in the advanced stages of testing the coin, the Financial Times (FT) reported Wednesday (March 25), citing sources familiar with the matter. According to the...
This year will likely see more governments and central banks purchase bitcoin. That’s according to a new report on the digital asset space by Fidelity published Tuesday (Jan. 7), which argues that the world’s nation-states will be among the next “significant investors” in the most popular cryptocurrency. The report...
Fidelity Investments has disclosed a data breach that affected 77,099 customers. The breach occurred Aug. 17 and was discovered Aug. 19, the financial services company said in data breach notifications filed Wednesday (Oct. 9) with the Office of the Maine Attorney General. “Between August 17...
Fidelity Investments reportedly shut down an online check fraud scheme similar to one that recently struck J.P. Morgan Chase by tightening some restrictions on cash management accounts Sept. 11. The firm cut the amount certain customers can deposit into their cash management accounts from $100,000...
January 28, 2026
Fidelity Investments is set to launch a stablecoin that eligible customers will be able to buy or redeem for $1. The Fidelity Digital Dollar (FIDD) is designed to provide investors with the benefits of digital assets and blockchain technology as well as the stability and reliability of the U.S. dollar, the financial services firm said […]
March 26, 2025
Asset manager Fidelity Investments is reportedly preparing to launch its own stablecoin. The Boston-based company, which manages more than $5 trillion in assets, is in the advanced stages of testing the coin,...
January 08, 2025
This year will likely see more governments and central banks purchase bitcoin. That’s according to a new report on the digital asset space by Fidelity published Tuesday (Jan. 7), which argues that the world’s...
October 10, 2024
Fidelity Investments has disclosed a data breach that affected 77,099 customers. The breach occurred Aug. 17 and was discovered Aug. 19, the financial services company said in data breach notifications...