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One of America’s largest investment firms, Fidelity Investments, has announced it will begin integrating the cybercurrency bitcoin into its own platform.
The news comes as bitcoin surpassed the $2000 mark in trading earlier in the week for the first time ever.
From Endogadget.com:
Later this year, Fidelity's clients will be able to check their cryptocurrency balance straight from the company's website, providing they store it on Coinbase -- one of the leading bitcoin exchange sites. Despite the cryptocurrency being around for almost a decade, this very public bitcoin recognition makes Fidelity just one of a handful of big investment companies who have chosen to integrate it into their website.
The announcement came at a recent Blockchain conference, where Fidelity's CEO Abigail Johnson discussed the difficulties that bitcoin raises for the financial world.
Bitcoin now accounts for over a quarter of online gambling transactions.
- Aaron Goldstein, Gambling911.com
