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Fidelity, Other Investment Firms Form Crypto Trade Group

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The Crypto Council for Innovation also includes Coinbase, Square and Paradigm. : Fidelity Investments and three other investment firms have formed a trade group to educate the public, governments and institutions about cryptocurrency assets and to promote “responsible regulation” of those assets, they say. In its inaugural announcement, the Crypto Council for Innovation said it aims to show the promise of “this transformational technology” and to separate “fact from perception” through government relations, education and the publication of research on key issues. “The recipe for good policy requires convening regulators and industry to devise solutions together,” according to the announcement.

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