Fidelity Joins Crypto Firm Paradigm To Create New Crypto Trade Group
Last Updated: 08 April 2021
Fidelity Investments, Coinbase, and other U.S-based businesses have created a cryptocurrency trade group to shape the way Bitcoin and other cryptocurrencies are regulated.
The group, called the Crypto Council For Innovation, aims to ensure that policymakers understand the importance of cryptocurrency innovation to promote favorable industry regulations.
New Cryptocurrency Trade Group Unveiled
The council convened by crypto investor Paradigm also has payment solution provider Square as a member organization.
As stated in the announcement, the CCI would also educate the public on cryptocurrencies, appoint a board with representatives from each of its four initial members, and implement an executive team.