Robinhood Taps Former Fidelity, Wells Fargo Execs as Compliance Heads
Robinhood announced on Thursday it hired Norm Ashkenas and Kelly Zigatis as chief compliance officers of its Financial and Securities teams.
Fidelity Investments CEO Abby Johnson says the mutual fund giant's custody business around bitcoin has been "incredibly successful" and has a "tremendous pipeline."
Fidelity said it wants to improve bitcoin custody and executive services and build products to "support the ecosystem."
BC's OSL exchange is the first crypto brokerage to receive Hong Kong regulators' blessing.
"In a world where benchmark interest rates globally are near, at, or below zero, the opportunity cost of not allocating to bitcoin is higher," the report said.
Stock of three major cryptocurrency mining firms are appearing in Fidelity, Vanguard and Charles Schwab mutual funds.