# Fidelity Pays $500,000 In California Crypto Withdrawal Settlement

- Source: NewsBTC
- Published: 2026-10-19T14:00:00+00:00
- Category: Markets
- Original: https://www.newsbtc.com/regulation/fidelity-pays-500-000-in-california-crypto-withdrawal-settlement/
- Canonical: https://groundlevelnews.com/story/fidelity-pays-500-000-in-california-crypto-withdrawal-settlement-f66d32/

California has secured a $500,000 settlement with Fidelity Digital Asset Services over restrictions that previously prevented some crypto customers from moving purchased coins to their own wallets. TL;DR: Attorney General Rob Bonta announced the settlement on October 16. California challenged historical withdrawal restrictions; Fidelity disputes that its conduct breached state law, and transfers w

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