It only takes a few moments to share an article, but the person on the other end who reads it might have his life changed forever.

Thursday, December 12, 2013

Fidelity halts bitcoin investments from IRAs

 WOW that was quick...

http://blogs.marketwatch.com/thetell/2013/12/12/fidelity-halts-bitcoin-investments-from-iras/?mod=MW_home_latest_news

Fidelity Investments is no longer allowing clients to invest in the virtual currency bitcoin through SecondMarket’s Bitcoin Investment Trust, a representative for Fidelity told MarketWatch on Thursday.
MarketWatch reported on Wednesday that certain Fidelity clients could invest in the Bitcoin Investment Trust through an IRA. That information was based on an interview with Barry Silbert, chief executive of SecondMarket. Read Wednesday’s post here.
On Thursday,  a Fidelity spokesman told MarketWatch that such investments are no longer allowed. The spokesman couldn’t confirm when or why the policy was changed.

No comments:

Post a Comment